Pinpoint UK Solutions, an AM Specialty company, has been approved by Lloyd’s of London as an authorised coverholder, allowing it to bind insurance risks on behalf of a Lloyd’s syndicate under delegated authority.
The move strengthens AM Specialty’s operational footprint in the UK and gives the group a direct route to deploy specialist underwriting through the Lloyd’s market, according to Insurance Business Magazine.
The approval permits Pinpoint to enter into insurance contracts within parameters set by a binding authority agreement with a managing agent.
Operating from London, the firm will underwrite locally while remaining subject to Lloyd’s governance, risk-management and compliance requirements that apply to coverholders.
Darren Powell, Pinpoint’s chief underwriting officer, said the approval reflected the firm’s readiness to operate within the Lloyd’s framework and would allow it to accept risks for Lloyd’s syndicates “while maintaining the high standards of underwriting discipline and risk management expected of the Lloyd’s market.”
The announcement did not name the managing agent or syndicate partners, specify the initial lines of business, set delegated limits or confirm an effective start date. Those details are typically published in binding authority documentation and programme notices and will define the scope of Pinpoint’s activity. As part of AM Specialty Insurance Group’s broader platform of specialty underwriting and claims businesses, the new coverholder status adds another locally based access point to Lloyd’s capacity for brokers placing specialist risks, while extending delegated distribution options for carriers.
Read the daily InsurTech news
Copyright © 2026 InsurTech Analyst
