Guernsey’s Heritage Insurance Accorded Lloyd’s Registered Broker Status

Guernsey-based Heritage Insurance announced that it has been accorded Lloyd’s registered broker status. “This allows Heritage Insurance Solutions, the FCA-regulated arm of the Guernsey-headquartered Heritage Group, to place business directly with Lloyd’s underwriters,” the announcement said.

Heritage Insurance Solutions managing director, Karl Bradley, said that becoming a Lloyd’s registered broker was a significant boost to the firm’s global insurance offering. “Lloyd’s is recognized as the leading market for both UK-based and international insurance risks. With our expertise and enhanced ability to provide a range of insurance for our clients we are excited about the new opportunities that our direct access to Lloyd’s underwriters brings.”

He added that gaining Lloyds’s registered broker status has been part of a longer term strategic aim of developing the insurance intermediary client offering within the Heritage Group.

“Financial risks clients in particular, in both the UK and offshore jurisdictions, will see immediate benefits from this development both in terms of a wider market offering and a closer Lloyd’s market working relationship” he added.

Heritage Insurance is an independently owned specialist insurance broker based in Guernsey and London. It handles both private and commercial clients, “who,” according to its website “span a wide spectrum of business sectors and size, ranging from owner managed operations to major commercial businesses.”

Source: Heritage Insurance