January 28, 2022
Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global provides end-to-end digital micro insurance products, providing cover for millions of people and businesses that are unserved by current …
December 3, 2021
Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease liability (CDL) cover. Based on extensive epidemiological research by leading scientists and liability practitioners, MCI said it will be the world’s first and only …
September 23, 2021
Volante Capital Holdings (Bermuda) Ltd., the international multi-class managing general agency platform, has received “in-principle” approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of account, with initial stamp capacity of £130 million ($177.4 million). The syndicate will …
September 16, 2021
Dale Partners Ltd., the London-based holding company of Dale Underwriting Partners (DUP), has been granted “in-principle” approval by Lloyd’s to form its own managing agency. The new entity, Dale Managing Agency Ltd., will now submit its regulatory business plan, seeking …
August 10, 2021
Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act as a managing agency for Syndicate 5886. The effective date of transfer of management from Asta to Blenheim was 6 …
July 21, 2021
edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan. 1, 2022. The syndicate will write gross written premium (GWP) of £45 million …
May 18, 2021
Asta, the third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Council for the transition of the Medical Protection Society’s (MPS) Special Purpose Arrangement (SPA) 1892 to a full syndicate, effective Jan. 1, 2022. …
February 4, 2021
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate. Operating with initial capitalization of $185 million, Mosaic is founded by insurance industry veteran Mitch Blaser, …
March 27, 2020
Blenheim Underwriting announced it has been granted ‘approval in principle’ by the Lloyd’s board to establish a new managing agency. Blenheim said it can now submit an application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) …
January 14, 2020
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 …