Hampden Agencies, the largest Lloyd's members' agency, has said it expects a rise in the number of high-net-worth individuals joining or returning to Lloyd's.
This follows today's announcement that limited liability partnerships (LLPs), which offer several attractions for high-net-worth individuals, have been given the go-ahead.
Hampden said it believes the value of LLPs in inheritance tax planning and providing saving opportunities will attract new private investors to the market and draw existing Names to convert to limited liability underwriting.
Nigel Hanbury, chief executive of Hampden Agencies, said: "This is an important step for private investors in Lloyd's.
"LLPs offer tax advantages that are not available with other Lloyd's investment vehicles. These will appeal to existing unlimited names as well as accountants and tax and estate practitioners."
"Now that the final barrier to LLPs in Lloyd's has been lifted, the good outlook for private investors has become even brighter."
