Asta, the leading third party managing agent at Lloyd’s, today announces the appointment of Stephen Redmond to the board of Asta Managing Agency, as independent non-executive director.

Redmond brings a wealth of experience to Asta: he joins from Antares/QIC Global where he served as active underwriter, managing director and most recently chief transformation officer. He was instrumental in establishing Antares as an independent Lloyd’s underwriting business in 2008 and successfully led the formation of the Lloyd’s managing agency in 2010. Prior to the formation of Antares in 2007, Redmond held a number of senior underwriting roles.

Paul Jardine, Chairman of Asta Managing Agency said: “We are delighted to welcome a professional of Stephen’s calibre to the team. His strong underwriting knowledge and expertise will be an invaluable addition as Asta continues to bolster its market-leading position for building and managing underwriting businesses at Lloyd’s.”

Redmond added: “I am pleased to be joining the board at such an interesting time, both for Asta and for the market. I hope that my input and experience will assist Asta’s continued development and growth and deliver additional value for their clients.”