October 22, 2020

Lloyd’s approves Picnic Syndicate 2460 to support community mutuals

Asta, the leading third-party managing agent at Lloyd’s, announces that the Council of Lloyd’s has on 20 October granted in principle approval for the launch of Picnic Syndicate PIC 2460 (Picnic), a syndicate-in-a-box (SIAB) which will commence underwriting […]
November 2, 2020

Syndicate 2525: A strategic and cost-effective partnership

As a specialist Lloyd’s insurer, Syndicate 2525 had been underwriting all aspects of employer’s and third-party liability business – including offshore and construction risks – since 2000. But with their existing managing agency no longer supporting syndicates with third party capital and compliance with Solvency II becoming a priority, a new third party manager was needed to help move their business forward.