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.
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir 
US House Bill Aims to End Private Flood Insurance Coverage Penalty 
Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns 
North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim 
