Asta is the leading third party managing agent at Lloyd’s, responsible for several Lloyd’s Syndicates, Special Purpose Arrangements and several MGA clients via Asta Underwriting Management Limited, our managing general agent.
Asta's current managed syndicates are listed below:
Agora Syndicate 3268, commenced underwriting as a standalone syndicate in 2018 based on the conversion of Skuld’s SPA 6126. The syndicate is backed by various direct corporates. The syndicate is property focused with a stamp capacity of £86.5m. The Active Underwriter is Mike Pritchard.
Blenheim Syndicate 5886, an independent syndicate backed by a mix of private names, trade and ILS capital sources, commenced underwriting in 2017. The syndicate underwrites Property Re/Insurance, Specialty Reinsurance and A&H. Stamp capacity for 2018 is £180m. The Active Underwriter is John Hamblin.
Dale Underwriting Partners Syndicate 1729 commenced underwriting in 2014, with capital provided by ProAssurance and other corporate and individual names. The Syndicate writes Property Re/Insurance, Casualty business and new for 2018, Specialty Insurance, a proportion of which will be ceded SPA 6131. Stamp capacity for 1729 is £140m and stamp capacity for 6131 is £8m. The Active Underwriter is Duncan Dale.
D L Dale & Others, Syndicate 2525, commenced underwriting in 2000 with capital provided by a mix of third party corporate and individual names. The Syndicate writes Employers and Third Party Liability business. Stamp capacity for 2018 is £65m. The Active Underwriter is David Dale.
Everest Syndicate 2786, a dedicated corporate syndicate backed by Everest Re Group, Ltd, commenced underwriting in 2016 and has a stamp capacity of £130m for 2018. The syndicate writes a diversified book of business and will form the hub of Everest Re’s international insurance operation. The Active Underwriter is Paul Kneafsey.
Nephila Syndicate 2357 commenced underwriting in 2013, with capital provided by Nephila Capital Ltd. The Syndicate writes a book of property catastrophe business previously written by Nephila Capital's existing account, outside of the Lloyd's market. Stamp capacity for 2018 is £310m. The Active Underwriter is Adam Beatty.
Paraline Syndicate 4242 (formerly ICAT) commenced underwriting in 2007 with Paraline’s SPA 6123 commencing in 2016. Capital is provided for both syndicates by a mix of aligned and non-aligned investors. The Syndicates write short tail property insurance business in catastrophe exposed regions of the US accessed. Combined stamp capacity for 2018 is £130m.
Pioneer Syndicate 1980 is a new syndicate for 2018 with gross premium income of £278mn. The syndicate is writing an existing book of Lloyd’s business. The Active Underwriter is Graeme Rayner.
Skuld Syndicate 1897 commenced underwriting in 2011. Skuld Group is the main capital provider, with SCOR providing the balance. The Syndicate writes Marine and Energy business. The Active Underwriter is Mike Bennett. Stamp Capacity for 2018 is £65m.
Verto Syndicate 2689, commenced underwriting in 2017 and is capitalised by investors advised by Hampden Agencies. The syndicate writes proportional reinsurances of Lloyd’s syndicates and other insurance entities. Stamp capacity for 2018 is £98m. The Active Underwriter is Peter Mills.Visit website
Our MGA Clients
Asta's current managed MGA clients are listed below:
Arma launched in May 2017 and is an approved Lloyd’s coverholder that writes multi-line (re)insurance business backed by A+ rated Lloyd’s security. Arma has close relationships with brokers and cedants in Middle East and Africa markets, to target individual risks as well as portfolio-driven strategies. The initial business lines are property (including Terrorism and Jewellers’ block), Liabilities, Energy, Personal Accident and Motor.
Asta’s second MGA, Overark Limited, launched in November 2016. A joint venture with Asta, Overark is a UK-based managing general agent (MGA) established to provide risk and insurance advisory services exclusively to Housing Associations in the UK.