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The Members' Agent's Agreement including forms of the - Lloyd's

The Members' Agent's Agreement including forms of the - Lloyd's 2025

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The document outlines the Members' Agent's Agreement, detailing the roles, responsibilities, and powers of agents and managing agents in relation to underwriting members at Lloyd's. It includes clauses on interpretation, appointment of agents, services provided, duties, remuneration, obligations of the members, and provisions for termination and arbitration. The agreement establishes a framework for managing underwriting business and ensures compliance with Lloyd's regulations while addressing financial arrangements such as fees and profit commissions.

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