Home Glossary Box : Insurance Glossary

Box : Insurance Glossary

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Each syndicate has a box in the underwriting room at Lloyd’s from which business may be transacted with Lloyd’s brokers. Each box comprises a couple of opposite facing benches and desks at which the underwriters employed by the managing agent of the syndicate sit, plus some loose stools for the visiting Lloyd’s brokers to sit on. Most boxes have computer terminals as well as access to other information technology.

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