Volante Capital Holdings (Bermuda) Ltd., the international multi-class managing general agency platform, has received “in-principle” approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account, with initial stamp capacity of £130 million ($177.4 million). The syndicate will …
Dale Partners Ltd., the London-based holding company of Dale Underwriting Partners (DUP), has been granted “in-principle” approval by Lloyd’s to form its own managing agency. The new entity, Dale Managing Agency Ltd., will now submit its regulatory business plan, seeking …
Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act as a managing agency for Syndicate 5886. The effective date of transfer of management from Asta to Blenheim was 6 …
edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan. 1, 2022. The syndicate will write gross written premium (GWP) of £45 million …
Asta, the third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Council for the transition of the Medical Protection Society’s (MPS) Special Purpose Arrangement (SPA) 1892 to a full syndicate, effective Jan. 1, 2022. …
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate. Operating with initial capitalization of $185 million, Mosaic is founded by insurance industry veteran Mitch Blaser, …
Blenheim Underwriting announced it has been granted ‘approval in principle’ by the Lloyd’s board to establish a new managing agency. Blenheim said it can now submit an application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) …
BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive Director Robin Blunt. BPBUW’s business strategy is …
Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s to establish a syndicate. Pioneer commenced underwriting in 2011 and has built a hybrid underwriting operation in the Lloyd’s market, …
Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced the creation of a new contingency and sports personal accident business. The team will be led by Martin Lawson, who will be joined by Richard Appleton. Both are …
