Lloyd’s Illinois is the liaison between Lloyd's and stakeholders doing business in Illinois. As Lloyd's representative in Illinois, we are responsible for:
Filing admitted policy wordings with the Illinois Division of Insurance
Assisting in determining if Lloyd's Illinois business is admitted or surplus lines
Countersigning, recording and reporting all Lloyd's business representing Illinois risks
Registering open market correspondents - generally US based insurance brokers
Advising Lloyd’s on coverholder approval
Championing Lloyd’s in Illinois
ALL Lloyd's underwriters and syndicates are admitted insurers in Illinois and can write all classes except life. Lloyd's underwriters may also write surplus lines business, but in limited circumstances. Illinois is the only US state where Lloyd's has this dual platform.
The dual platform for Lloyd's in Illinois offers a complete solution for covering Illinois risks.
