Asta Managing Agency News

BPB UW Management Launches Underwriting Agency as MGA Incubator

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 & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate

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 Offers Contingency & Sports Personal Accident Cover; Syndicate Support Extended

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 …

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 …

Marketform Exits International Med Mal, Transfers Business to Dale Underwriting

Specialist Lloyd’s underwriter Marketform announced it has transferred its international medical malpractice insurance business to Dale Underwriting Partners, the Lloyd’s licensed underwriter. Marketform said the decision follows a comprehensive review of the business line, and Marketform immediately will cease to …

AXIS Capital to Write Treaty Reinsurance Business via Lloyd’s China Platform

Bermuda-based AXIS Capital Holdings Ltd. announced that AXIS Syndicate 1686 has recently received approval from Lloyd’s for the establishment of an underwriting division at Lloyd’s Insurance Company (China) Ltd. The underwriting division will focus on treaty reinsurance business on the …

Asta Managing Agency Launches Everest Syndicate 2786

Asta Managing Agency Ltd. and Everest Re Group Ltd. announced the Lloyd’s Franchise Board has granted “in principle” approval to establish and manage a new dedicated corporate syndicate backed by Everest Re, with initial gross premium of £102 million ($151 …