Terms of Business Agreement

A Terms of Business Agreement (TOBA) sets out the terms and conditions upon which Risk Assurance Management Limited accepts Business from an Intermediary, Adviser or Broker.

We will be pleased to provide quotations for Group Risk business without a TOBA in place between our Organisations however if your client decides that they want to proceed with cover provided by RAM and 100% underwritten at Lloyd's, a TOBA must be in force before we are able to assume risk. Once the TOBA is in place, future business can also be completed.

A downloadable form is available on our Downloads page.

You may scan and email a PDF copy of your completed TOBA to us at group.risk@ram-ltd.co.uk if there is an element of urgency involved however it is essential that you also return your completed TOBA to us at the following address and keep a copy for your records:

Risk Assurance Management Limited
Chancery House
Leas Road

Please note, if there are any changes to your Company structure, name/address or FCA status, a new TOBA must be completed and returned to ensure correct records and documentation are in place and maintained at all times.

The Company only transacts business received from intermediaries which are regulated by the Financial Conduct Authority who act on behalf of the Policyholder.

Combining the security of Lloyd's
with the expertise of RAM
Specialist underwriters with over 30 years experience
Risk underwriting, Administration and Marketing
Authorised and regulated by the FCA