Is it licensed as an insurance broker, reinsurance intermediary, or other insurance or reinsurance organisation?

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Is it licensed as an insurance broker, reinsurance intermediary, or other insurance or reinsurance organisation?

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Where? Yes. In UK. As Above. Also as empowered by Memorandum and Articles of Association. Objectives lodged with Company regulators permit reinsurance and insurance broking and agency functions anywhere in the world. Are producers sub-licensed? Where? Individual brokers and key members of staff are registered under the IBRC. All broker directors and most broking staff are Lloyd’s members, associates or substitutes. Many brokers have Insurance qualifications and the certification scheme introduced by Lloyd’s for all those with access to the Room have been applied in full by the group companies. All officers and insurance staff are subject to CPE and training requirements. All UK Brokers with which we deal are registered under the same IBRC and/or Lloyd’s. There are no casual producers or businesses not licensed which may form part of the intermediary-principal chain. Where for any reason (e.g. overseas agents) introductions are made by non-licensed intermediaries these are not part of t

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