Reinsurance News
Coverys Syndicate 1975
Marco Capital closes RITC transaction for Coverys Syndicate 1975
14th February 2025
European P&C insurance run-off group Marco Capital Holdings Limited has completed a Reinsurance to Close (RITC) transaction with Coverys Syndicate 1975. Effective January 1, 2025, the RITC covers Syndicate 1975's 2022 and prior years of account. The reinsurance is underwritten by Marco's dedicated RITC Syndicate 1254, which is managed by Polo ... Read the full article
Polo takes over Coverys Syndicate 1975 as part of Lloyd’s exit strategy
2nd October 2023
Polo Managing Agency Limited (Polo), a prominent independent Lloyd's turn-key Managing Agent, has officially assumed management of Coverys Syndicate 1975. This specialist medical professional lines syndicate is set to transition to Polo's oversight on October 2, 2023. In late 2021, Coverys Managing Agency Limited (Coverys) had made the strategic decision to conduct ... Read the full article
Coverys adds underwriter Xiaohan Fang to Syndicate 1975
15th July 2020
Coverys Managing Agency Limited, the Lloyd’s managing agent of Syndicates 1975 and 1991, has announced the appointment Xiaohan Fang as an underwriter for Syndicate 1975. Fang brings over a decade of actuarial and pricing experience to the role and will primarily focus on underwriting North American medical professional liability business. Prior to ... Read the full article
Coverys Syndicate 1975 adds Beazley’s Minetti as Active Underwriter
10th February 2020
Coverys Managing Agency Limited has announced the appointment of Beazley's Valentina Minetti as Active Underwriter for Syndicate 1975. Minetti is scheduled to join Coverys, the Lloyd's managing agent of Syndicates 1975, 1991, and 3330, following the expiration of her notice period. She joins the firm from Beazley, where she most recently had ... Read the full article
Coverys Syndicate 1975 adds Priya Fathers as medical underwriter
3rd December 2019
Coverys Managing Agency Limited, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has announced the appointment of Priya Fathers as a medical professional liability underwriter. Fathers, whose appointment to Lloyd’s syndicate 1975 is immediate, will report to Interim active underwriter Phil Sloan. She had previously served as underwriting manager of ... Read the full article
Caitlin Crist appointed Head of Claims, Coverys Syndicate 1975
27th March 2019
Lloyd's of London Managing Agent of Syndicates 1975, 1991, 3330 and 1110, Coverys Managing Agency Limited, has named Caitlin Crist Head of Claims of Coverys Syndicate 1975, a newly created position. Effective June 2019, Crist brings more than ten years of liability claims experience to the firm, and joins from Brit ... Read the full article
Coverys agrees to back DTW Syndicate 1991
10th December 2018
Coverys Managing Agency Limited, the Lloyd’s managing agent of Syndicates 1975, 1991, 3330 and 1110, has agreed to provide capacity for DTW Syndicate 1991. The managing agent revealed that it will join DTW’s panel of capacity providers as one its largest backers from 1 January 2019. Both Syndicate 1991 and Coverys Syndicate ... Read the full article
Coverys Syndicate 1975 appoints Stephanie Crowther to underwriter
7th February 2018
Coverys Syndicate 1975 has named Stephanie Crowther as underwriter for its specialist medical professional liability account with effect from February 2018. Robin McCoy, Chief Executive Officer, Coverys Managing Agency, commented on the appointment; “we are delighted that Stephanie is joining us to work alongside Keith Bryceland to help build out the ... Read the full article
Lloyd’s approves Coverys Syndicate 1975 to begin underwriting from Jan 1st
20th December 2017
Provider of medical professional liability insurance, Coverys, has announced that Coverys Syndicate 1975 has received Lloyd's of London approval to commence underwriting from January 1st, 2018. Syndicate 1975 will have exclusive backing from Coverys, and will be managed by the insurer's own managing agency, Coverys Managing Agency Ltd. Syndicate 1975 will provide a ... Read the full article
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