Ways through the maze
After gaining Lloyd's provisional accreditation in 2002, The Broker Network embarked on a sharp learning curve. Chief executive Grant Ellis offers his insight into an institution that, while often frustrating to deal with, consistently delivers
Like many insurance brokers brought up in the provinces, I have to admit that my dealings with Lloyd's have tended to be as a market of last resort - only to be used when my favourite local insurer was not prepared to provide the client with the cover and/or terms he wanted.
Access was provided through a handful of Lloyd's brokers that set out their stall to service the needs of small brokers who needed an odd case placing.
It is not really surprising that, in days gone by, I only ever considered
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