Question

Who is responsible for setting the policy terms and conditions for claims at Lloyd's?

a.

Lloyd's Claims Office

b.

Leading underwriter

c.

Broker's account

d.

Relevant underwriting syndicates

Answer: (b).Leading underwriter Explanation:When it comes to claims at Lloyd's, the leading underwriter, who sets the policy terms and conditions, is notified by the Lloyd's broker and the Lloyd's Claims Office for the claims settlement process.

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Q. Who is responsible for setting the policy terms and conditions for claims at Lloyd's?

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