Author Posts

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 […]
January 7, 2022

Syndicate-in-a-box model ‘will be tested in 2022’

As more SIABs become operational at Lloyd’s, the concept will come into sharp focus, says Chief Underwriting Officer Simon Norton. The Lloyd’s syndicate-in-a-box (SIAB) concept will come fully into focus and be tested in 2022 as the early […]