Asta ‹ Press Releases

Jun

2019

MPS, Everest Insurance and Asta form Lloyd’s medical malpractice partnership

Posted on 21st June 2019 by Mazin Shammas and has No comment

The Medical Protection Society (MPS) is to partner with global insurer Everest Insurance and Asta, the leading Lloyd’s third-party managing agency, to establish a Lloyd’s Special Purpose Arrangement (SPA) that will enhance MPS’s ability to indemnify corporate healthcare entities through innovative products and partnerships. In-principle approval […]

Oct

2018

Jardine and Stevenson to join Asta board

Posted on 25th October 2018 by Mazin Shammas and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announces the appointment of Paul Jardine and Bob Stevenson to the board of Asta Managing Agency, as independent non-executive chairman and independent non-executive director respectively. Both appointments are subject to regulatory approval. Jardine joins from AXA […]

Apr

2018

Asta strengthens actuarial capabilities with appointment of Laura McMaster

Posted on 12th April 2018 by Mazin Shammas and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announces the appointment of Laura McMaster as deputy chief actuary. She takes up her role on 16th April and will report to Richard Barke, chief actuary. McMaster brings a decade and a half of actuarial experience […]

Mar

2018

Asta Capital sells Pelican Underwriting to Manchester Underwriting Management

Posted on 2nd March 2018 by Mazin Shammas and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announced it has completed the sale of its managing general agent (MGA) Pelican Underwriting One Limited (Pelican), which trades as Pelican Underwriting, to Manchester Underwriting Management Limited (MUM), a specialist MGA operating internationally and in the […]

Dec

2017

Asta strengthens its Lloyd’s Managing Agency board with appointment of Richard Barke

Posted on 6th December 2017 by Gavin Warren and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announced it has appointed its chief actuary, Richard Barke, to serve on its Lloyd’s Managing Agency board, subject to regulatory approval. Barke joined Asta in 2011. He was made deputy chief actuary two years later before […]

Dec

2017

Paraline syndicate 4242

Posted on 4th December 2017 by Gavin Warren and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announces the departure of Megan McConnell as active underwriter of Paraline’s Lloyd’s syndicate 4242. McConnell is pursuing a new opportunity in the London market and is expected to leave Paraline in March 2018. Until that time, […]

Nov

2017

Agora Syndicate 3268 receives approval to start underwriting 1/1/2018

Posted on 13th November 2017 by Gavin Warren and has No comment

Asta, the leading third-party managing agent at Lloyd’s, today announces Agora Syndicate 3268 has received approval from Lloyd’s to commence underwriting business attaching on or after 1 January 2018. Agora Syndicate 3268 will be managed by Asta and privately capitalised by a number of well-known industry […]

Sep

2017

Agora receives ‘in principle’ approval to establish full syndicate

Posted on 22nd September 2017 by Gavin Warren and has No comment

Asta, the leading third-party managing agent at Lloyd’s, today announces it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Agora syndicate 3268. In 2015, Asta and leading marine insurance provider Skuld announced the launch of Special Purpose Arrangement (SPA) 6126, […]

Jun

2017

New specialist Underwriting Agency, Arma Underwriting Ltd, opens in the DIFC

Posted on 6th June 2017 by Gavin Warren and has No comment

Arma Underwriting Limited is delighted to announce the official opening of its office in the Dubai International Financial Centre (DIFC). Arma Underwriting is a specialist, multi-line underwriting agency delivering tailored risk solutions across the Middle East and African markets. The company has received full approval from […]

Mar

2017

Dale Underwriting Partners closes first year at a profit

Posted on 3rd March 2017 by Gavin Warren and has No comment

Dale Underwriting Partners Syndicate 1729 at Lloyd’s has achieved a modest underwriting profit in its first year of account. The Asta-managed syndicate was a new entrant into the Lloyd’s market for the 2014 year of account and has reported a profit of 0.6% on its initial […]

Feb

2017

Asta invests in new London and Dubai reinsurance MGA – Arma Underwriting Limited

Posted on 27th February 2017 by Gavin Warren and has No comment

Asta, the leading Lloyd’s third party managing agent and specialist MGA investor, is pleased to announce it has agreed a transaction to finance the development of Arma Underwriting Limited. Asta will take a minority equity stake in Arma and will also support the company’s infrastructure including finance and IT. Arma received ‘in principle’ approval from the Dubai Financial Services Authority on 19 February, and remains subject to approval […]

Jan

2017

Asta continues to strengthen senior management team with new appointment

Posted on 5th January 2017 by Gavin Warren and has No comment

Asta, the leading third party managing agency at Lloyd’s, is pleased to announce the appointment of Neil Griffiths as Head of Regulatory Operations. The newly created role will report to Asta’s Chief Operating Officer, Lorraine Harfitt. Griffiths has joined from Lloyd’s and his appointment will add […]