NFP partners with TigerRisk on Lloyd’s line slip

NFP Corp. said Tuesday its financial institutions group has selected TigerRisk Partners LLC to develop a line slip to transact business with Lloyd’s of London.

New York-based NFP said the line slip will enable global insurers, U.S. regional and mutual insurance companies, managing general agencies, insurtech companies and insurance-linked securities firms to transact business directly with the Lloyd’s market through NFP.

The line slip will include: directors and officers liability; errors and omissions; insurance company professional liability; managing general agency E&O liability; insurtech professional liability; employment practices liability; fiduciary liability; financial institution bond; cybersecurity and privacy liability; and insurance-linked securities fund professional liability.

Information on limits was not immediately available.

The statement said TigerRisk is now negotiating the slip, which will be comprised of a consortium of Lloyd’s syndicates and Lloyd’s-backed managing general agents.