Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate

Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026.

Atradius Syndicate 1864 will focus on trade credit risks, initially targeting new and existing European clients in the financial industry sector.

The syndicate will enhance the operations of Atradius, which offers trade credit insurance, surety, and collection services worldwide through a strategic presence in over 50 countries. With its access to credit information on 200 million companies worldwide, Atradius’ products help companies around the world protect against payment risks associated with selling products and services on trade credit.

Atradius has received support from PoloWorks (a Lloyd’s and London Market insurance services business) and Aon Capital Advisory throughout the application process — a collaboration that will continue until permission to underwrite is granted.

“Our specialized expertise in trade credit risks presents a compelling opportunity to collaborate with Lloyd’s. By leveraging Lloyd’s renowned and innovative underwriting platform, we can deliver exceptional value to our clients and partners,” commented David Capdevila, Atradius’ CEO, in a statement.

Underwriting from the Lloyd’s platform offers multiple opportunities to Atradius’ customers including the benefit of Lloyd’s financial strength rating and extensive network of licenses and resources, enabling them to effectively manage risks and expand their client base. Additionally, Lloyd’s provides a robust regulatory framework and support, ensuring high standards of compliance and operational efficiency, on par with Atradius’ own standards, the company said.

Source: Atradius

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