Financial Services Industry
Industry: Email Alert RSS FeedLloyd's Of London Will Open Doors To More Intermediaries In 2001.(Statistical Data Included)(Brief Article)
National Underwriter Property & Casualty-Risk & Benefits Management, May, 2000 by HOWARD, LISA S.
Lloyd's of London plans to open its doors in 2001 to a wider field of intermediaries, beyond those selected companies currently known as "Lloyd's brokers." As long as U.K. and overseas brokers meet a certain set of regulatory, technical and customer service standards, they will be able to access the market directly, Lloyd's said.
(Under the current system, only those 133 brokers based in London and regulated directly by Lloyd's are allowed full access to the market.) As part of the change, Lloyd's is relinquishing its role as regulator of Lloyd's brokers--a function that will be assumed by the General Insurance Standards Council, the new self-regulatory body that begins oversight of all U.K. brokers on July 3. U.K. brokers regulated by the GISC will be...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express