R&Q launches new Lloyd's syndicate

Ken Randall

Syndicate 1991 is to commence underwriting from 1 January 2013, and will be underwritten by Daniel Wright and Steve Mitchell, both formerly of Axis Capital.

The syndicate will have capacity of £77m for 2013, 20% of which will be provided by R&Q, with Scor and XL proving around 15% each. The balance will be supported by private members.

R&Q stated that the syndicate’s focus will be on writing SME and niche personal line property and associated liability business through a number of specialist MGA

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