Seattle’s SAFECO reaffirmed its commitment to remain its Lloyd’s operations following the resignation of Ralph Bailey as managing director of Syndicate 138, R.F. Bailey (Underwriting Agencies) Ltd,. which it acquired in 1999.
While announcing Bailey’s resignation Friday, SAFECO took the opportunity to express confidence in Jonathan Gale, “who took over as the active underwriter for Syndicate 138 earlier this year,” and to state that it was meeting with Bailey’s Directors to review the company’s succession plan.
Topics Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Florida Insurance Costs 14.5% Lower Than Would Be Without Reforms, Report Finds 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
