Asta, the leading third party managing agent at Lloyd’s, is pleased to announce the appointment of Kalpana Shah as a new independent non-executive director. Shah joins on 1 October and her appointment will add to the strength and depth of talent Asta has to offer. She joins from Hiscox PLC.

Shah has extensive experience in the sector. She is a non-executive director with Riverstone and previously was at Hiscox for 19 years where she was chief actuary and partner.

Commenting on the appointment, Tom Riddell, chairman of Asta Managing Agency, said: “Attracting individuals of this calibre is a testament to the quality of Asta. Kalpana is already highly valued in the industry and I am confident that with her input, Asta will continue to deliver results and innovate for our clients.”

For further information, please contact:

Haggie Partners

Damian Beeley
Damian.beeley@haggie.co.uk
Tel: + 44 20 7562 4444

Samantha Whiteley
Samantha.whiteley@haggie.co.uk
Tel: + 44 20 7562 4444

Notes for Editors

About Asta

• Asta Capital Limited is the parent company of:
• Asta Insurance Markets Ltd
• Asta Managing Agency Ltd
• Asta Insurance Services Ltd
• Asta Management Services Ltd
• Asta Underwriting Management Ltd

 
Asta Managing Agency Ltd is the leading third party managing agent at Lloyd’s and is responsible for nine syndicates with capacity under management in 2016 of approximately UK£1bn:
Syndicate 1686 (Axis)
Syndicate 1729 (Dale Underwriting Partners) Syndicate 1897 (Skuld), SPA 6126 Syndicate 2357 (Nephila)
Syndicate 2525 (DL Dale & Others) Syndicate 2689 (Verto)
Syndicate 2786 (Everest)
Syndicate 4242 (ICAT), SPA 6123 (ICAT) Syndicate 5886 (Blenheim)

MGAs
Asta Underwriting Management Limited (AUML) launched in 2015, making the skills, experience and capabilities behind Asta’s success as the leading third party managing agency at Lloyd’s available, for the first time, to the MGA market.

UK MGAs under management:

• Pelican Underwriting Management
• OverArk Limited