BLW Announces Lloyd’s Broker Status

BLW is delighted to announce that its registration as a Lloyd’s broker has been confirmed by the Council of Lloyd’s.

 

As a registered Lloyd’s broker BLW will have direct access to a unique pool of underwriting expertise in the Lloyd’s global marketplace, enabling us to use our specialist knowledge to negotiate the most favourable contractual terms for our customers. Furthermore, as a member of the Lloyd’s prestigious community, BLW and its customers will benefit from the strength of Lloyd’s internationally recognised brand.

 

BLW has traded successfully as a Lloyd’s coverholder in the London market since its establishment in 1971. The firm was acquired in July 2020 by S&G Risk Solutions Limited and is owned by Brett Sainty, CEO, and Mark Greenwood, CFO and COO. BLW specialises in creating bespoke risk transfer solutions for both regional brokers and direct commercial customers. BLW operates across several lines of business including leisure insurance, construction insurance and liability insurance. 

 

Brett Sainty, Chief Executive Officer at BLW, said: “BLW’s new status as a Lloyd’s registered broker will provide us with access to Lloyd’s capacity and expertise, bringing world-class support to our regional network. BLW’s values are profoundly aligned with Lloyd’s’ values of true commercial expertise, professionalism and integrity. Our customers have high standards, and we are wholly committed to providing the bespoke risk transfer solutions they need for their complex insurance arrangements.”

 

Mark Greenwood, Chief Financial Officer at BLW, added: “Lloyd’s is the world’s leading market for specialist insurance. As a fully accredited Lloyd’s broker, BLW will be focussing on expanding its product lines in traditional Lloyd’s open market risks, along with growing its portfolio of risk solutions for the benefit of its customers.”

 

Patrick Tiernan, Chief of Markets at Lloyd’s, said: “After 50 years as a Lloyd’s coverholder working in multiple classes of business in the market, we’re pleased to welcome BLW as a registered Lloyd’s broker. We wish the team at BLW the very best of success with their new venture.”

 

Read more in this article in Insurance Age.