La Playa approved as a Lloyd’s broker

La Playa has been registered as a Lloyd's broker and now has access to Lloyd's of London capacity. La Playa confirmed this access would benefit its clients and broker partners who place transatlantic risks via their London and New York offices. Matthew Clark, director of global markets said, "As a specialist broker, we work with clients who often have unusual risks which are hard to place in standard markets. Being a Lloyd's broker takes us straight to some of the finest minds in underwriting so that we can secure fast, great-value solutions for our clients." The broker stated that access to Lloyd's will facilitate La Playa's placement of larger fine art and specie risks, private aviation and superyachts, the more complex entertainment risks and emerging risks with limited precedent coming through its science and technology practice group. Chief executive officer Mark Boon added, "This is great news for us, our clients and our broker partners. Achieving Lloyd's status is integral to our expansion plans, allowing a relatively small broker to develop more business in the US and Far East. It will also be enormously useful in enabling us to expand our private client, aviation and marine offerings."