Specialist Insurance
Certain industries require a specialist approach to insurance solutions. At LIIB we have the ability to arrange delegated underwriting authority for clients, which allows brokers to underwrite their business through binding authorities, backed by some of the world’s leading insurance organisations.
By placing business through binding authorities, historically we have been able to cater for our Middle East and African clients, enabling us to place their risk within the UK. As a well-established London market broker, we have operated a number of binding authorities where insurers not only delegate underwriting authority to us but also, in certain circumstances, can also delegate claims settling authority.
At LIIB, we have extensive experience and expertise in running binding authorities, having operated in this field for over a decade. By engaging in this specialist area of insurance, we can provide cover for a range of organisations working in a variety of sectors.
A Range of Insurance Solutions
Binding authorities complement our bespoke insurance solutions for clients. They can offer quality cover at competitive premiums. Areas where we are developing our binding authority portfolio include, but are not limited to, cancellation of events and specialist industries.
For a quotation or for more information please contact our team.
