2 April 2015 Insurance

Standard Syndicate begins underwriting

Charles Taylor-managed Standard Syndicate 1884 has made a number of new appointments before launching yesterday (April 1).

Robert Dorey has been appointed active underwriter/class underwriter for liability and D&O/E&O. He joined Charles Taylor in 1996 and most recently led and managed the Standard Club’s offshore team which writes offshore/energy liabilities.

The syndicate has lured Oliver Paine from Travelers, where he ran an upstream energy book. He joins as class underwriter energy.

Tom Graham, who joined from Skuld Syndicate, has been appointed as class underwriter of property/ports and terminals, while Nick Holding, who joined from FM Global, has been appointed class underwriter of cargo. G

Dorey said: “The Standard Syndicate brings a single-minded focus on marine and energy underwriting, in-depth market expertise and a broad range of covers to the Lloyd’s market. The syndicate has been established by The Standard Club, a leading marine protection and indemnity (P&I) mutual insurer. Through the club, we have been underwriting marine risks for over 130 years and energy risks for the last 40.

“The marine and energy experience derived from ship owners and energy operators that make up nearly 25 percent of the world’s international fleet means we can focus on selecting and insuring the best risks and deliver a mutual style claims service that responds to market needs.

“We believe that we can bring new business to Lloyd’s market, to benefit from the market’s global reputation for outstanding insurance expertise and unparalleled financial strength. The early signs indicate there is a strong interest in our offering from ship owners who have previously placed their risks outside the Lloyd’s market."

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk