VATINS4620 - Insurance underwritten at Lloyd바카라 사이트™s of London: cover holders
A Lloyd바카라 사이트™s cover holder has delegated authority from a syndicate to accept business on behalf of members. This is sometimes referred to as 바카라 사이트˜binder authority바카라 사이트™ business. Cover holders are not covered by the LVA. Their underwriting services are the provision of insurance intermediary services and subject to the normal VAT rules and partial exemption arrangements.