Vibe syndicate enters run-off

closed-sign

Syndicate 5768 will stop underwriting as of the end of this year as it fails to secure enough support.

Vibe Syndicate Management is to put Syndicate 5768 into run-off.

The business published a statement today (8 November) which said that the planned run-off would begin on 31 December this year.

Vibe CEO Joe England said the business simply wasn’t large enough to absorb its operating costs.

Scale
He explained: “It was with considerable regret that our board reached the conclusion that the business does not have the right scale to thrive in the current market environment.

“On this basis, we

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: