Capita Managing Agency (CMA) can provide syndicate management on a start-up, permanent/evergreen or run-off basis.
CMA is authorised by the PRA and regulated by the PRA and FCA. It is also approved and regulated by Lloyd’s as a Managing Agency, offering services to both established insurance entities and new business start-ups.
We have a long history associated with run-off syndicate management and now manage live syndicates in the Lloyd’s market. We currently manage syndicate 1492 on behalf of Probitas Corporate Capital Limited.
We can provide support and full management of syndicates, either on a permanent basis or to an arrangement that is suitable to your individual needs.
We ensure that every task is completed in an efficient way, with full transparency at every stage of the syndicate management process, so you can focus on underwriting.
Finance, risk and compliance are embedded in everything we do, so you can be confident that our services are provided to the highest standards.
With our assistance, the Allied World Syndicate 2232 successfully gained Lloyd's approval in 2014 to become it's own managing agency.
In October 2015 we added a new live portfolio with the establishment of Probitas syndicate 1492, which specialises in high-growth markets underwriting for the property and construction and the casualty insurance classes of business.
As an approved Lloyd's managing agency, Capita Managing Agency can provide syndicate management that suits your needs.
If you wish to enter the market on a start-up basis, we can work with you over a defined period on your entry to Lloyd’s and exit to your own managing agency.
We can fully support your Lloyd's business over the longer term – including handling your regulatory responsibility and risk management.
We have substantial experience managing run-off liabilities to extinction and until earlier in 2017 we managed syndicate 2255 on behalf of the Berkshire Hathaway Group.
In addition, we also currently manage syndicate 1492 on behalf of Probitas Corporate Capital Limited.
We commenced live underwriting management in 2010 with the establishment of the Allied World syndicate 2232. The syndicate has an Asia/Pacific focus geographically and underwrite in the following classes of business:
With the assistance of the agency the Allied World Syndicate 2232 successfully gained Lloyd's approval in 2014 to become its own managing agency.
In October 2015 we added a new live portfolio with the establishment of Probitas syndicate 1492, which specialises in high growth markets underwriting the following classes of business:
We have a good working relationship with Lloyd’s New Entrant Department and are available to discuss new business opportunities with third parties. In addition, the combination of our strong agency and access to back office support, via the wider Capita Group, enables us to offer clients a full menu of the services required by potential new entrants to Lloyd’s.
CMA syndicate 1492:
CMA syndicate 2232:
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