VATINS4600 - Insurance underwritten at Lloyd’s of London: Lloyd's brokers

In principle, only an accredited Lloyd’s broker can place business with a Lloyd’s syndicate. »Ê¹ÚÌåÓýappre are some exceptions where a managing agency has a service company. Other brokers can arrange via an accredited Lloyd’s broker for business to be placed at Lloyd’s. Lloyd’s brokers are not covered by the LVA. »Ê¹ÚÌåÓýappir brokerage services are the provision of insurance intermediary services and subject to the normal VAT rules and partial exemption arrangements.