Asta Capital News

Mosaic Insurance Opens Singapore Office, Hiring 2 Specialty Underwriters

Mosaic Insurance has opened an office in Singapore and hired two specialty underwriters to build its transactional liability business across the Asia-Pacific region. Benn Wilson will serve as regional CEO, and head of Asia for Mosaic’s transactional liability division. Joining …

Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore

Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore. With the Asian market presenting extensive opportunities, Asta has launched a service company that will enable clients easily …

Professional Services Firm Davies Completes Acquisition of Asta at Lloyd’s

Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of regulatory approval. Davies said the deal adds significant strength and reach to its …

Manchester Underwriting Acquires Pelican Underwriting from Asta Capital

Manchester Underwriting Management Ltd. (MUM) announced it has acquired Pelican Underwriting One Ltd. from third party managing agent Asta Capital Ltd. Pelican Underwriting One trades as Pelican Underwriting and specializes in writing solicitors’ professional indemnity (PI) in England and Wales. …

Asta Gets Initial Lloyd’s Approval to Launch & Manage Verto Syndicate 2689

Asta, the third party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Verto Quota Share Syndicate 2689. Initially, Verto Syndicate 2689 plans to underwrite proportional reinsurance of Lloyd’s …