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How do Lloyds and Business Risk Partners interact?

April 26, 2017Business interact Lloyd partners risk

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How do Lloyds and Business Risk Partners interact?

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Business Risk Partners has a binding authority on behalf of certain syndicates at Lloyd’s. This means Business Risk Partners provides all of the services of the underwriter on behalf of the syndicates. BRP underwrites and administers the policy, as well as handles any claims.