D L Dale & Others, Syndicate 2525 strengthens underwriting team with key appointments

D L Dale & Others, Syndicate 2525 strengthens underwriting team with key appointments

D L Dale & Others, Syndicate 2525, the specialist employers’ and third party liability Lloyd’s insurer, is delighted to announce it has appointed Richard Frost and Richard Loader as senior class underwriters. Frost and Loader take up their roles with immediate effect and will report to David Dale, active underwriter. Syndicate 2525 is managed by Asta Managing Agency.

Frost brings a decade and a half of industry experience to Syndicate 2525. He joins from Aspen Insurance where he served as head of liability. In this role, he was tasked with managing Aspen Insurance’s UK and Irish accounts. Frost began his insurance career working for Lloyd’s.

An industry veteran, Loader brings twenty-five years of underwriting and broking experience to Syndicate 2525. He joins from Aspen Insurance where he was responsible for underwriting all aspects of the business’s casualty division, including national and London wholesale accounts, specialist schemes and public sector and housing association business. Loader began his insurance career as a casualty underwriter for G E Lloyd-Roberts, Syndicate 55.

Frost and Loader’s appointments follow the syndicate’s pre-emption to £65m capacity for 2018 and management’s commitment to providing broader policyholder access to its specialist liability products.

Dale said: “Both appointments are a perfect fit for our business. They will provide additional stability and strength to our underwriting team as we push forward with our growth aspirations for the UK and Irish liability markets. Their specialist expertise and experience will significantly enhance our underwriting proposition, and I am pleased to welcome them to the team.”

For further information, please contact:

Haggie Partners

Damian Beeley                                                                     
Tel:  + 44 20 7562 4444

Samantha Whiteley                                                               
Tel: + 44 20 7562 4444

Colette La Pointe                                                                   
Tel: + 44 20 7562 4444

Notes for editors

About D L Dale & Others, Syndicate 2525:

D L Dale & Others, Syndicate 2525, commenced underwriting in 2000 with capital provided by a mix of third party corporate and individual names. Syndicate 2525 underwrites employers and all aspects of liability business, including offshore and construction risks. Stamp capacity for 2018 is £65m. The active underwriter is David Dale.

About Asta:

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 Underwriting Management Ltd

Asta Managing Agency Ltd is the leading third party managing agent at Lloyd’s and is responsible for 10 syndicates and two SPAs with capacity under management in 2018 of more than UK£1bn:

• Syndicate 1729 and SPA 6131 (Dale Underwriting Partners)
• Syndicate 1897 (Skuld)
• Syndicate 2357 (Nephila)
• Syndicate 2525 (DL Dale & Others)
• Syndicate 2689 (Verto)
• Syndicate 2786 (Everest)
• Syndicate 4242 and SPA 6123 (Paraline)
• Syndicate 5886 (Blenheim)
• Syndicate 3268 (Agora)
• Syndicate 1980 (Pioneer)

MGAs

Asta Underwriting Management Limited (AUML) launched in 2015, making the skills, experience and capabilities behind Asta’s success as the leading third party managing agency at Lloyd’s available, for the first time, to the MGA market.

MGAs under management:

• OverArk Limited
• Arma Underwriting Limited