Asta Managing Agency (Asta) has today completed the successful migration of A G Doré & Others Syndicate 2526 under a novation agreement to AmTrust at Lloyd’s. The syndicate commenced underwriting in 2004 and transferred to Asta in 2011.
Syndicate 2526 is a specialist professional liability syndicate, writing Professional Indemnity, Medical Malpractice, Directors and Officers Liability and Financial Institution business. The syndicate’s stamp capacity in 2015 is £64m
Asta CEO Julian Tighe said: “We have enjoyed a strong relationship with the 2526 team and we wish them well for the future. I am very grateful to all those who helped to achieve our target date of 1 April. The successful novation has created additional capacity for us to explore new opportunities and continue to build our business.”
Press enquiries:
Matthew Longbottom, FWD
Tel: +44 (0)20 7623 2368
Mob: +44 (0) 7798 758 938
Email: matthew.longbottom@fwdconsulting.co.uk
Matt Beasley, FWD
Tel: +44 (0)20 7623 2368
Mob: +44 (0)7623 241 153
E-mail: matt.beasley@fwdconsulting.co.uk
Notes to editors:
About Asta
Asta Capital Limited is the parent company of:
Asta Insurance Services Limited: provides insurance services to the corporate market and includes the run-off management of HIH (UK). The name Asta originates from Greek and means “like a star”. For more information visit www.asta-uk.com
About A G Doré & Others Syndicate 2526
A G Doré & Others Syndicate 2526 commenced underwriting in 2004, with capital provided by a mix of third party corporate and individual names. The Syndicate writes Professional Indemnity, Medical Malpractice, Directors and Officers Liability and Financial Institution business. The Syndicate transferred management to Asta in 2011. Stamp capacity for 2015 is £64m. The Active Underwriter is Dominic Frost.