PoloWorks News

Polo Insurance Managers Launches Clockwork Re

Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re – a newly established Category 4 Commercial General Reinsurer in Guernsey. Clockwork Re has been formed to access superior insurance …

Awbury Syndicate 2025 Gets ‘In Principle’ Nod From Lloyd’s for Launch in January

The Awbury Group and Polo Managing Agency Ltd. have announced that Lloyd’s has granted “in principle” approval for Awbury Syndicate 2025 to commence underwriting from Jan. 1, 2025. Awbury Syndicate 2025 is focused on credit risks and will initially target …

PoloWorks Launches Managing General Agent Incubator

PoloWorks, a Lloyd’s and London Market insurance services business, announced the launch of Polo MGA – a managing general agent (MGA) incubator. This new offering provides services to both startup and established MGAs ranging from support with their formation to …

People Moves: MGA Nexus Taps Willett From Barents Re as Head of Development; PoloWorks Appoints CNA Hardy’s Borrel as Chief Risk Officer

This edition of International People Moves details appointments at Nexus Group and PoloWorks. A summary of these new hires follows here. MGA Nexus Taps Willett From Barents Re as Head of Development Nexus Group, the London-based specialty managing general agent, …

PoloWorks Launches Captive Manager Polo Insurance Managers

PoloWorks announced the launch of Polo Insurance Managers (PIM) after the Guernsey Financial Services Commission granted “approval in principle.” PIM will be one of the few independent insurance managers active in Europe and will serve captive, commercial and ILS clients …

Polo Managing Agency Assumes Management of Coverys Syndicate 1975

Polo Managing Agency Ltd., an independent Lloyd’s turnkey managing agent, has assumed management of Coverys Syndicate 1975. The specialist medical professional lines syndicate will novate to Polo on Oct. 2, 2023. In late 2021, Coverys Managing Agency Ltd. elected to …