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What Does It Mean To Be A Lloyd’s Coverholder?

AGU is proud to be a part of the select group of top-quality insurance firms authorized as Coverholders by Lloyd’s of London. Lloyd’s is, of course, a very well-known and highly-respected brand worldwide with a storied history. Working with underwriters at Lloyd’s adds an important Lloyd's Building extra dimension to our ability to develop and manage specialty and niche insurance programs for our clients and broker partners.

Coverholders are an integral part of the way Lloyd’s interacts locally with the markets it serves worldwide. AGU has delegated authority to bind and manage risks on behalf of certain underwriters at Lloyd's.

The Coverholder system enables Lloyd’s underwriters to insure risks locally, where licensed, in diverse corners of the world without the need for expensive local infrastructure. Prospective Coverholders must undergo an extensive, comprehensive review of their operating capabilities, experience, reputation and, financial stability before being approved.

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Coverholder status enables AGU to provide access to the expertise and capacity of the Lloyd’s market on behalf of our clients and broker partners.

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