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Broker gains registered status at Lloyd's

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Guernsey-based Heritage Group Ltd. has gained Lloyd's of London registered broker status, reports Guernsey Isle News.

This permits the group's U.K.-based unit Heritage Insurance Solutions Ltd. to place business directly with Lloyd's underwriters.

Gaining this status is a significant boost to the firm's global insurance offering, said Heritage Insurance managing director Karl Bradley.

Financial risks clients would "see immediate benefits from this development both in terms of a wider market offering and a closer Lloyd's market working relationship," said Mr. Bradley.

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