Referral Criteria for Coverholder Applications

This document is a guide detailing the referral criteria for coverholder applications and tasks within Lloyd’s. It outlines the necessity for additional conversations or reviews by internal teams before formal submission and approval of applications, particularly for high-risk features and operational checks. The guide specifies that every new coverholder and branch application must be referred to a Country Manager prior to submission, regardless of the applicant's domicile. It categorizes referrals into two types: application and change of permissions referrals, and delegated authority operational checks. The document further elaborates on the specific requirements for various territories, including Australia, New Zealand, Canada, Singapore, Hong Kong, Switzerland, and South Africa, emphasizing the need for detailed information and compliance with local regulations. Each territory has unique requirements that must be met to facilitate the approval process, ensuring that all applications adhere to the necessary regulatory standards.