Medical Protection Society SPA gains final approval to convert to full syndicate
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Medical Protection Society SPA gains final approval to convert to full syndicate

The Lloyd’s council has given Asta final approval for the transition of Medical Protection Society’s (MPS) special purpose arrangement (SPA) 1892 to a market-facing syndicate.

The managing agent obtained in-principle approval from the Corporation for the transition in May this year.

The syndicate will begin underwriting on 1 January 2022.

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