Start-ups
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Syndicate 2047 is set to launch on 1 April, managed by Polo. -
The specialist intermediary will serve nature developers and investors.
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The MGA platform has launched more than 20 new vehicles since 2021.
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One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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The venture will focus on speciality underwriting and related platforms.
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The Australian insurer is a major cat cedant and had hoped to set up a reinsurance syndicate.
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Existing facilities and carrier partners will be transferring from K2.
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The business was launched in July to focus on the smart-follow market.
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The syndicate aims to write £80mn of programme business in 2026.
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Longbrook Insurance will write multiple lines of business.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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The ILS start-up was founded in January by Hanni Ali and Peter Dunlop.
