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.
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak 
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
Viewpoint: Is Your GL Policy Leaving You Exposed as Digital Risk Shifts? 
California Rivals Have Starkly Different Plans to Remake Home Insurance 
