Dale Underwriting Partners

As two working member vacancies are arising on the Council, a ballot will be held.

The pair hail from Dale Underwriting and Axa XL, respectively.

Dale Underwriting recently pulled out of standalone offshore energy business.

The carrier said the decision reflected its commitment to portfolio discipline.

Peter Cordell will join Syndicate 1729 in January.

The carrier posted significant growth in 2024, with GWP up 30% to $493mn.

BP Marsh has taken a 25.5% stake in the energy-transition business.

He joins from Berkley Re and previously had a long stint at Talbot.

This publication revealed last month that some of Westfield’s financial lines team had resigned.

The executive said volatile losses made underwriting the class less predictable.

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.

Will Curran is moving into broking after a career in underwriting, mostly at Tokio Marine Kiln.

Will Curran joined the Lloyd's syndicate earlier this year.

Ian Bridge, currently deputy active, will assume the role of active underwriter.

In 2023, CVC acquired a majority stake in Dale to support business growth.

Will Curran joins from Tokio Marine Kiln Syndicate 557.

In its first year under new ownership and after setting up its own managing agency in 2022, the Lloyd’s syndicate is looking at ways to leverage its infrastructure.

The appointment follows Dale's completion of its deal with CVC to support business growth.

CVC funds will invest into Dale to support business growth, which will result in CVC acquiring a majority stake in the business, the companies said.

The Duncan Dale-led business has reached an ‘inflection point’ where a large, aligned capital provider is advantageous, executives say.

The carrier said a post-Covid rebound in travel was creating opportunities in the A&H sector.

The holding company’s approval from regulators means that Dale Underwriting Partners Syndicate 1729 can migrate from Asta to Dale’s own new managing agency.

Matthew Sims and William Taylor will launch a book from November as the market moves away from composite covers.

The managing agency will also house SPA 6131.