Beazley Group's former head of specialty lines, Johnny Rowell, is in a race against time to get the capital in place to back his proposed £58.3mn Lloyd's Syndicate 5768 for a 1 June start.
According to sources, the Lloyd's Franchise Board has indicated that it is minded to approve the proposition by the newly named Specialty Risk Partners (previously codenamed Project Dallas) under the condition that at least 60 percent of total capacity is provided by Names via members' agents...
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