Lloyd's approves London-based A&P Worldwide as broker

London-based re/insurance broker A&P Worldwide Solutions has received approval to operate as a broker at Lloyd's.

A&P said the new status will empower it to expand its brokerage business internationally.

The broker is authorised and regulated by the Financial Conduct Authority (FCA), and is a member of the British Insurance Brokers Association, London & International Insurance Brokers' Association (LIIBA) and the African Insurance Organisation (AIO).

Antish Ramrup, chief executive officer, said: "We are delighted to achieve Lloyd's broker status. This will help us to grow our insurance and reinsurance brokerage business worldwide."

Managing director Sabrina Ramrup added: "We are incredibly proud and privileged to be approved as a Lloyd's broker. Lloyd's financial strength is derived from its unique capital structure, and this will help us provide world class service to all our customers."