Asta Underwriting Management Ltd (AUML), the recently launched MGA platform from Asta Capital Limited (Asta), announces the appointment of John Holm as Executive, MGA Investments.

John has over 30 years’ experience in insurance and financial services and moves to AUML from Capita Commercial Insurance Services. Prior to that, Holm was the Director of Corporate Banking at Clydesdale Bank and has also held senior positions at National Australia Bank and RBS.

Commenting on his appointment, John Holm said: “Asta is well positioned to take advantage of the opportunities that the vibrant MGA market offers. I’m joining AUML at an exciting time and I look forward to playing my part in making AUML a successful asset to both Asta and the market as a whole.”

Asta’s CEO, Julian Tighe added: “John is an important addition to the AUML team. He brings with him a long and successful track record of developing portfolios across the insurance industry. John’s appointment is further evidence of Asta’s commitment to deliver our objective of building MGA’s through joint ventures and strategic partnerships.”

The appointment follows the recent announcement of Sian Fisher’s role as a non- executive director of AUML.

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 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 seven syndicates with capacity under management in 2015 of approx US$1bn:

Syndicate 1686 (Axis)
Syndicate 1729 (Dale Underwriting Partners) Syndicate 1897 (Skuld)
Syndicate 1910 (Ariel)
Syndicate 2357 (Nephila)
Syndicate 2525 (DL Dale & Others) Syndicate 4242 (ICAT)
Syndicate 2786 (Everest) from 1/1/2016

For more information visit www.asta-uk.com