Asta; the Lloyd’s leading third party syndicate manager is proud to announce that Stephen Cane won the Industry Achiever of the Year at the 2013 Insurance Day awards ceremony on Thursday 5th December.

The Awards, held at Lancaster London Hotel, celebrated the greatest achievers in the market during the past 12 months. Stephen won recognition for his leadership of Asta which has promoted the introduction of innovative new syndicates to the market, two of which are due to start underwriting in 2014. Stephen also presented the Lifetime Achievement Award to the outgoing Lloyd’s of London chief executive Richard Ward.

Julian Tighe, Asta COO, comments: “We are so pleased to see Stephen awarded the Industry Achiever of the Year at the Insurance Day awards ceremony. This is a very fitting tribute to what he and the whole team at Asta have achieved during 2013 with three new syndicates gaining permission to underwrite and migrating one from another managing agent, increasing our managed syndicates to nine and with just under £1BN of capacity under management.”

Notes to editors:

About Asta
Asta Managing Agency Ltd is the Leading Lloyd’s managing agent and is responsible for seven syndicates: Ariel (formerly Arrow) s.1910; Sirius s.1945; Channel s.2015; Nephila s. 2357; Dale s.2525; Doré s.2526 and ICAT s.4242.

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 Insurance Services Limited: provides insurance services to the corporate market and includes the run-off management of HIH (UK).
The name Asta originates from Greek and means “like a star”. For more information visit www.asta- uk.com

Enquiries:

Andrew Lyons
Tel: +44 (0)20 7623 2368
Mob: +44 (0)7823 555673
E-mail: Michael.gaughan@fwdpr.co.uk