Lloyds Flashcards
1
Q
The corporation of Lloyd’s
A
The corporation of Lloyd’s overseas and supervised the Lloyd’s market. It has five directorates.
2
Q
Lloyd’s brokers
A
Lloyd’s brokers and since 2008 any broker can approach syndicates to place Lloyd’s insurance business
3
Q
Lloyd’s members
A
Lloyd’s names and limited liability corporations provide the capital which supports the underwriting of syndicates. Syndicates are run by Lloyd’s managing agents.
