High net worth individuals and family groups, trusts, family offices, partnerships and commercial entities. Our clients range in background and experience. We recommend the investment to be a part, not all, of your overall investment and trading strategy and should be viewed and entered into as a long term, higher risk investment strategy using a proportion of wealth and assets.
Private Individuals and Families
Today, we account for over half of the capacity managed by Members' Agents; of this, circa £1.6bn is from private individuals and families, provided to a range of syndicates underwriting at Lloyd's. We concentrate on creating long-standing client relationships based on excellent service with the commitment to deliver superior returns from underwriting at Lloyd's.
The syndicate knowledge and market opinion of our research team informs the advice given by our Private Client Directors when discussing the underwriting portfolio both initially and on an annual basis.
Many insurance related businesses have and continue to show interest in participating at Lloyd’s through a Limited Liability Vehicle (LLV) owned and controlled by them or a parent company.
Through long standing relationships with certain Lloyd’s Managing Agents, some of these insurance businesses have been able to create good returns by providing capital direct or via capitalised reinsurance programmes, to support syndicates. Where this is the case, Hampden Agencies has assisted them in maximising the efficiency of the capital deployed. They have been able to utilise the LLV structure to consolidate the individual lines of capital support.
Certain reinsurers diversify their own risks by underwriting insurance business via a Hampden Agencies advised LLV. This enables re-insurers to earn trading profit through the LLV and thereby balance the fortunes of their core reinsurance business.
Coverholders with their own long established links to Lloyd’s, have also approached us to set up LLVs to allow diversification and profits via a different channel to their core business. We have also helped Managing Agents support syndicates within their group control, through a dedicated LLV.
One of the benefits of using Hampden Agencies is that the LLV establishment process is dealt with by experienced individuals, familiar with the required due diligence and specific Lloyd’s requirements.
The Hampden Agencies team service the ongoing trading needs of the LLVs to ensure that the annual Lloyd’s reporting deadlines are met alongside the requisite capital provision and regulatory requirements.
Through corporate investors, Hampden have service provision contracts for circa £2.4bn of capacity in the Lloyd's market.
If you would like to receive further information about membership of Lloyd's please either email Alistair Troughton or telephone Alistair on 07554 451549.
To find out more about Hampden Agencies and the opportunity of Investing at Lloyd's, please click here https://www.hampden.co.uk/hamp...