Non-Marine Binding Authorities
Catlin is a well established Lloyd’s market leader for Surplus lines delegated underwriting authorities and lineslips, covering commercial property risks, personal lines and commercial auto physical damage, dealing with non-Fortune 500 businesses, and has written non-marine binding authorities in excess of 10 years.
The account is primarily written on a binding authority basis through specialist M.G.A’s which are represented by Lloyd’s brokers. Approximately 92% of the global Non-Marine Binding Authority income is written via coverholders. We also have contracts with a number of Lloyd’s brokers to write facultative business under lineslip vehicles.
Catlin can write business on Lloyd’s paper and on Catlin own “FSA” approved A rated paper. The underwriters operate from the trading floor in the morning and at Lloyd’s in the afternoon.