Lloyd’s has embraced OAMPS as its first accredited brokers in Australia. The accreditation allows OAMPS direct access to all Lloyd’s syndicates. The move to broaden its global broking network is part of the plan to streamline the market’s systems. The drive to reduce costs and become more competitive reflects the Lloyd’s drive to be an attractive target of institutional investors.

It was a decision that thrilled OAMPS Chairman John Jones. “To become the first broker in Australia to have direct access to all syndicates at Lloyd’s is great news and a significant triumph,” he said. “There is substantial capacity for our business in the Lloyd’s market and we look forward to what we believe is a great opportunity for us.”