A.M. BestTV: Lloyd's Ramps Up Build-Out with Capacity Expansion

OLDWICK, N.J.--()--As the Lloyd's market is set to embrace a flush of new capital in the coming year, executives involved with new syndicates or the expansion of existing ones discuss their plans. One of those new syndicates, backed by specialty insurance company ProAssurance Corp., will be led by longtime reinsurance underwriter Duncan Dale, CEO of Dale Underwriting Partners. Dale discussed the types of business the syndicate would be writing, and said he expects it to be up and running at the start of 2014. Bermuda-based companies Ironshore Inc. and Axis Capital Holdings Ltd. have announced plans to open new Lloyd's syndicates. Executives from Ironshore's Pembroke Managing Agency - Cargo Director Andy Corton and Marine Director Quentin Prebble - discuss developments in its existing cargo business, including satellite pre-launch risk, and terrorism risk coverage. Click on www.ambest.com/v.asp?v=lloyds21213 to view the video program.

People who appear in this episode include:

  • Duncan Dale, CEO, Dale Underwriting Partners;
  • Andy Corton, Cargo Director, Pembroke Managing Agency/Ironshore; and
  • Quentin Prebble, Marine Director, Pembroke Managing Agency/Ironshore.

A.M. BestTV covers exclusive A.M. Best Co. information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M. BestTV episodes at www.ambest.tv.

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Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com

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Contacts

A.M. Best
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
rachelle.morrow@ambest.com