Lloyd’s, with its headquarters in London is the oldest insurance market in the world. Its history continues for more than 300 years and it has confirmed financial strength from all global rating agencies.
Lloyd's is the world's largest specialist insurance market, bringing together the most innovative underwriters from around the world. This allows Lloyd's to offer unique insurance solutions even for the most demanding clients.
We work closely with Lloyd’s Syndicates and Lloyd’s Brokers and insurance intermediaries to re-engineer the way their customers transact insurance business with them. Our processes are able to produce significant cost savings for the brokers and their insurance intermediary partners. We provide the technology and advice on how to transfer from legacy processes to the e-trading environment for both existing portfolios and new premium income streams. We embed the latest compliance rules on monitoring and maintaining data directly into our e-trading platforms.
Leadenhall Underwriting Limited (London) and Efinity.com, which are part of the Leadenhall partnership, are present in the most developed insurance markets in the world. We understand how insurance products are designed, distributed and sold. We create new insurance products and tailor them for different Countries. We know how to avoid the pitfalls of transferring to an e-trading environment. As a group, we already work with clients in seven Countries and over twenty insurance classes.
Leadenhall’s insurance system, incorporating online e-trading technology, is at the heart of all our insurance related operations. Insurance products are implemented in the system which is then used to produce quick indications, binding quotes and policies. Rating and insurance document production is executed by the system thus significantly reducing user errors. The quote and bind process is extended to mid-term policy adjustments, premium processing, commission and tax calculations, and underwriting and management reporting.
Compliance requirements are continually evolving, and the pace of change is increasing rapidly. Leadenhall Underwriting can be a key strategic partner to Insurance Intermediaries in the setting up of systems and procedures to monitor their own and their counterparty’s compliance with UK and domestic rules. Wherever possible compliance requirements are built directly into our software systems, thus automating the very process of recording and monitoring data.
All our Companies’ efforts are aligned to delivering attractive insurance products to retail brokers and agents and not to compete with them by selling directly to policyholders.
Leadenhall Underwriting Limited is a Lloyd's Coverholder, registered under number 113227NRT. As a Coverholder it has the authority to quote and bind insurance contracts on behalf of Lloyd's Syndicates. Leadenhall Underwriting Limited is also a Lloyd’s Broker, registered under number 1511 LUL.