Asta, the leading third party managing agent at Lloyd’s, today announces the appointment of Paul Jardine and Bob Stevenson to the board of Asta Managing Agency, as independent non-executive chairman and independent non-executive director respectively. Both appointments are subject to regulatory approval.
Jardine, joins from AXA XL, having previously served as Director & Chief Actuary at Equitas for five years and prior to that was a partner at Coopers & Lybrand.
Stevenson heads RAS Advisory, a consultancy he established after more than 12 years at Lloyd’s, 10 years at Zurich Group, and 13 at AIG.
Asta CEO Julian Tighe said: “We are excited to have these two highly experienced professionals join the Asta Managing Agency board. After more than a decade at the Corporation and another 25 years in the market, Bob has terrific insight into Lloyd’s and the international insurance environment. Paul needs no introduction; as a chief architect both of Equitas and Catlin, he is a leading figure in the Lloyd’s market. Their knowledge and expertise are unmatched and will be invaluable as Asta continues to build its reputation as the leading managing agent for building and managing businesses at Lloyds.”
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Notes to editors
Asta Managing Agency Ltd is the leading third party managing agent at Lloyd’s and is responsible for 10 syndicates and two SPAs with capacity under management in 2018 of more than UK£1.4bn:
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.
MGAs under management: