Dale Underwriting Partners
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The syndicate aims to write £80mn of programme business in 2026. -
As two working member vacancies are arising on the Council, a ballot will be held.
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The pair hail from Dale Underwriting and Axa XL, respectively.
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Dale Underwriting recently pulled out of standalone offshore energy business.
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The carrier said the decision reflected its commitment to portfolio discipline.
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Peter Cordell will join Syndicate 1729 in January.
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The carrier posted significant growth in 2024, with GWP up 30% to $493mn.
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BP Marsh has taken a 25.5% stake in the energy-transition business.
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He joins from Berkley Re and previously had a long stint at Talbot.
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This publication revealed last month that some of Westfield’s financial lines team had resigned.
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The executive said volatile losses made underwriting the class less predictable.
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Listen in as Dale Underwriting's CEO Duncan Dale discusses expansion plans following landmark CVC deal and gives his views on the casualty market. Dale also outlines his ambition to partner with third parties through the company's managing agency.
