The branch application process is used where the applicant has another office of the same legal entity which has already received approval as a Lloyd’s Coverholder.
A branch application can only be submitted where the legal entity is identical to an existing approved Coverholder. This does not include subsidiary companies and or sister companies within the same group.
If the application is for an entity in the same group but with a different legal name, a full application must be submitted.
The sponsoring Broker or direct-dealing Managing Agent must start the branch application on ATLAS. A branch is able to be created by searching for the existing approved legal entity within company search function on ATLAS. Once the head office has been identified from the search either the sponsoring Broker or direct-dealing Managing Agent must click ‘select’ under actions and select ‘new Coverholder branch’. This will generate a unique Coverholder PIN. e.g. (111000ABC) and enable the ATLAS application to be populated.
The Coverholder will need access to the branch application in order complete and to sign off that the information is valid. For a Coverholder to get access to ATLAS a Broker or Managing Agent will need to have started a branch application on ATLAS. The Coverholder can then fill out the ATLAS user application form. Confirmation and instructions will be sent to users once access has been granted.
Coverholder Access to ATLAS Lloyd’s service standards: 2 Days.