WHAT ARE BINDING AUTHORITIES?
Binding Authorities are delegated underwriting agreements with Lloyd’s syndicates. They authorise a Coverholder to manage an insurance risk from rating and policy issuance through to claims handling, on behalf of the insurer and in accordance with local law and applicable insurance regulations.
BINDING AUTHORITIES
- Home Insurance
- Fine Art Insurance
- Jewellers Insurance
- Small Jewellers Insurance
- Permanent Total Occupational Disability Insurance (Profesco)
- Livestock Insurance
- Professional Indemnity Insurance
- Insurance Intermediaries’ Professional Indemnity
- Terrorism Insurance
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