Lloyd’s is the world’s leading speciality insurance and reinsurance market. To become part of the Lloyd's market you will need to show that you can make a positive contribution to the franchise and meet rigorous suitability criteria.
All syndicates and Special Purpose Arrangements (SPAs) trading at Lloyd's require a managing agent. Asta can provide full management and support on a permanent basis or an arrangement that is intended to lead to full independence and your own managing agency platform.
We currently manage ten Lloyd's syndicates, two SPAs and over £1.4 billion of capacity.
Asta can help ensure that any application will fit with Lloyd’s requirements. To assess the likely success of any proposal we focus on the proposed business plan, capital and people as well as the accretive value to both Lloyd’s and Asta.
Asta will then guide applicants throughout the Lloyd's New Entrant Assessment process. We will also sponsor your application through the due diligence and decision stages, and manage the ‘making it happen’ phase until full approval to underwrite is obtained.
For further information about the Lloyd’s entry process click here