Under the Lloyd’s banner, we are well positioned to serve the needs of our policyholders and our network of independent agents and brokers.” commented Brian Hanuschak, President, Victor North America. “The Victor syndicate will enable us to respond to the needs of underserved clients in catastrophe-exposed areas of the US through our subsidiary, ICAT. In the US, the syndicate will provide ongoing support to serve the needs of small commercial properties in catastrophe-exposed areas. Lloyd’s digital-forward approach aligns well with Victor’s digital innovation and our international expansion plans,” said Anthony Stevens, President, Victor International. “We have extensive history with Lloyd’s as a coverholder and are delighted to broaden our strategic relationship with such a vital market. The syndicate will also provide opportunities for capital partners to participate in risks underwritten by its underwriting hubs in Boulder, Colorado, US London, UK Rotterdam, Netherlands and Milan, Italy. Victor Syndicate 2288 will support Victor’s underwriting of property and casualty (P&C) business in the US, UK, Italy, and the Netherlands.
Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), today announced approval from Lloyd’s, the specialist insurance market, to establish Victor Syndicate 2288 and commence underwriting effective Januwith stamp capacity of £57m, supporting a business plan of $100m USD.Īsta will be the managing agent for the new syndicate, providing underwriting oversight and operational support. DecemVictor launches Lloyd's Syndicate 2288 Jill Frances named Active Underwriter
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