Managing General Agent Nexus Group member Millstream Underwriting has this week announced its approval as a Lloyd’s Coverholder.
The move provides London-based Millstream with a greater capacity to underwrite business at Lloyd’s.
Development Manager of Millstream, Mark Copsey, said, “We’re delighted to announce that Lloyd’s has approved Millstream Underwriting as a Coverholder, representing another important step forward in our continuing product diversification and growth.
“This is great news for us, our clients and prospects, as it gives us added capacity and capabilities in our target markets. It’s also a reflection of the high quality of our team and the partners in our supply chain that deliver such an excellent service.”
As a Lloyd’s Coverholder Millstream will be able to underwrite as a delegated authority for certain managing agents or syndicates.