Question

How do Lloyd's underwriters write business?

a.

Through direct contact with the original ceding insurer

b.

Solely through registered Lloyd's Brokers

c.

By establishing their own distribution channels

d.

Through partnerships with other insurance companies

Answer: (b).Solely through registered Lloyd's Brokers Explanation:Lloyd's underwriters write business exclusively through registered Lloyd's Brokers and rely on them to bring risks to the market and collect premiums from clients.

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Q. How do Lloyd's underwriters write business?

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