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Question : How do you start up your own .com insurance company using Lloyd's of London underwriters.?
I am looking for contact names within lloyds to float an idea and then get venture capital to launch. It sounds very grandiose but i feel sure its a good sound idea with a niche market.
- asked by MARK D
All Answers: Answer #1many website about insurance company - answered by divina b Answer #2You will need to contact a managing agent who manages the underwriting for one or moresyndicates, or you can apply to become a Lloyd'sbroker. The rather sizable application can befoundhere:
http://www.lloyds.com/Lloyds_Market/Market_participants/Brokers/Broker_Registration.htm
- answered by Gambit
Answer #3
write a solid business proposal and approach them.It depends on the value you can add tothem.Insurer and VC want 2 things from ua) Numbers(revenue)b) Regulation related matters (Frommonetary authority, privacy, security ....)Istarted one in Malaysia. There are many in UK &US, the issue is how are u going to differentiateyour self from the rest?
- answered by Insurance
Answer #4
The only way to access Lloyd's Underwriters is byusing a London broker. It's actually quitecomplicated depending on whether or not you weregoing to produce the documentation, eg. If it's USbusiness there are lots of different rulesregarding taxes etc. What type of business are youtalking about?
- answered by Janie H
Answer #5
Take a close look at different insurance companyand its policies. For more information view:
http://www.look4insurances.co.uk/lifeinsurance.php
- answered by Jake
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