OMCs are firms that introduce business to one or more sponsoring Lloyd's broker for placement on an open market basis, ie business that may be offered to and placed with any managing agent that is willing to underwrite it on behalf of its managed syndicate. Lloyd's requires that OMCs in certain overseas territories must be approved or registered by Lloyd's attorney-in-fact or general representative before they can introduce business to Lloyd's brokers on an open market basis.
OMCs do not have the status of a Lloyd's approved coverholder. For the avoidance of doubt OMCs have no authority to represent or act for Lloyd's or Lloyd's underwriters. All entities are sorted alphabetically by name and by country where an OMC is domiciled.
