Specialising in Lloyd's of London compliance, corporate governance and delegated underwriting.
SPECIALIST INSURANCE COMPLIANCE, DELEGATED UNDERWRITING PROCESSES AND CORPORATE GOVERNANCE SERVICES FOR THE LLOYD'S MARKET
LEGALITIES CAN ASSIST ON A CONTRACT BASIS TO MANAGE COMPLIANCE ISSUES AND TAKE ON OUTSOURCING OF EVERYDAY FUNCTIONS AND CONTROLS
Providing detailed checks and a full summary for informed decision making.
Advising on the necessary controls and implementing robust and proportionate procedures.
Full company secretarial services and regulatory advice for Lloyd's managing Agents and Managing General Agents.
Ensuring that consumer policies meet the required Lloyd's standards and that documentation is clear and fair.
Experts in bordereaux management, policy wordings, audits, regulatory reporting and underwriting procedures and controls.
Fully trained in complying with GDPR regulations and e-trading compliance.
Providers for training in Lloyd's licences, class specific requirements, Binding Authority QA Tools and policy wordings.
Legalities was set up in 2018 by three insurance professionals who saw the need for specialists in the London insurance market to assist Lloyd’s Managing Agents, coverholders, brokers and insurance companies in fulfilling their legal and compliance obligations to regulators. A large part of the company's vision is to not only solve and manage a particular backlog or problem, but at the same time to train and educate people and organisations in best practice methods and standards.
Legalities recognises the increasing scrutiny from UK Regulators of Managing General Agents regarding governance and accountability and is able to offer a thorough review and implementation service.
is a Fellow of the Chartered Insurance Institute and has a Masters in Law. She was an underwriter in both the Lloyd's and company markets specialising in aviation, reinsurance, space and small business policies . She is an experienced Company Secretary and business advisor. Her specialist areas are corporate governance, training and Lloyd's compliance.
is an experienced Delegated Underwriting Manager in both the Lloyd's and non-Lloyd's markets. Tracy was an underwriter in the Lloyd's aviation sector for many years before specialising in the placement, managing and reporting requirements for binding authorities. Her specialist areas are binding authority management, contract certainty, conduct standards and coverholder audits.
is a respected Compliance Manager having worked in the London Insurance market for twenty years. She is able to advise on data security and worldwide regulatory requirements. Her specialist areas are Lloyd's Minimum Standards and returns, procedure management, international trade sanctions, controls and embargoes and GDPR regulations.