What Does Lloyd's Syndicate Mean?

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What does Lloyd's Syndicate mean? Read on to discover the definition & meaning of the term Lloyd's Syndicate - to help you better understand the language used in insurance policies.

Lloyd's Syndicate

Lloyd's Syndicate

Lloyd's Syndicate is a group of underwriters on the Lloyd's insurance market, consisting of active underwriters who arrange the business and non-working underwriters (also referred to as 'names') who stand surety for any insurance claims which may arise.

We hope the you have a better understanding of the meaning of Lloyd's Syndicate.

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