Duncan Dale News

Private Equity Firm CVC Invests in Dale Underwriting to Boost Growth at Lloyd’s

Dale Underwriting Partners, the trading name for Dale Managing Agency’s Lloyd’s Syndicate 1729, has agreed a strategic partnership with CVC, a leading global private markets manager with €161 billion of assets under management. CVC funds will invest in Dale to …

Dale Partners Ltd. Gets Regulatory Nod to Launch Lloyd’s Managing Agency

Dale Partners Ltd. (DPL) announced it has received approval from the UK Prudential Regulation Authority (PRA), the Financial Conduct Authority (FCA) and Lloyd’s to launch its managing agency, Dale Managing Agency Ltd. DPL also announced it has appointed four independent …

Dale Partners Receives ‘In-Principle’ Approval to Launch Lloyd’s Managing Agency

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 …

Lloyd’s Approves Dale Underwriting Partners’ Special Purpose Arrangement

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced that its special purpose arrangement (SPA) has received approval from Lloyd’s. The SPA will reinsure a portfolio of contingency and specialty property business, underwritten into Dale Syndicate 1729 …

Dale Underwriting Gets Lloyd’s Approval to Set Up Special Purpose Arrangement

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by the Lloyd’s Franchise Board to establish a special purpose arrangement (SPA). The SPA will support a portfolio of contingency and …

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 …

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 …

ProAssurance Backing New Lloyd’s Syndicate

Birmingham, Alabama-based medical liability insurer ProAssurance Corp. will be the majority capital provider to the proposed new Syndicate 1729 at Lloyd’s of London. Its planned inception date is January 1, 2014. The company said Syndicate 1729 was granted approval in …