Pol risk, credit & surety
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Some 185 credit claims were reported in the market, totalling over $400mn.
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Frank Masteling will lead the new business as head of trade credit.
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Atradius Syndicate 1864 is expected to begin underwriting next year.
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Coface Lloyd’s Syndicate 2546 is expected to commence underwriting in 2025.
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The MGA has recently added casualty and specialty reinsurance divisions.
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The insurer has hired Coface’s Hélène Martin to support its expansion.
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Plus, the latest people moves and all the top news of the week.
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Trade credit rivals Coface and Awbury are also entering the market.
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The broker called on carriers to expand coverage into new specialisms.
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Holmes, Froideval and Cheak will head up the units for London, Europe and Asia.
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Plus the latest people moves and all the top news of the week.
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The team is led by industry veteran John Lentaigne.
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