Your gateway to the Lloyd’s market
Our Lloyd’s platform, Asta Managing Agency, partners with a wide spectrum of businesses — from entrepreneurial underwriters and innovative insurtechs to global insurers — to help them launch, grow, and optimise their underwriting presence at Lloyd’s.
What it takes to enter the Lloyd’s market
Lloyd’s is a unique and highly respected marketplace, offering access to global distribution, strong financial ratings, and a vast network of insurance expertise. Entering and succeeding in this market requires more than just underwriting capability—it demands a well-structured business, regulatory compliance, and a clear strategic approach. As the leading third-party managing agent at Lloyd’s, Asta guides businesses through every stage, ensuring they meet the highest standards and are positioned for long-term success.
A flexible platform for long-term growth
Whether establishing, a full Syndicate, a Syndicate in a box, a Special Purpose Arrangement or Captive Syndicate, our flexible, cost-effective solutions ensure you have the right support at the right time. Every business has its own ambitions—some will scale up and evolve, while others will remain focused on their existing model.
At every stage, we work alongside you—advising on the right time to move forward, advocating at Lloyd’s, and adapting our services to match your needs. Whether you need full operational support or a lighter-touch framework, our platform adapts as you grow—ensuring cost-efficiency and scalability.
Our range of solutions
Full syndicate
A full syndicate is ideal for existing insurers looking to expand their distribution via Lloyd’s or innovative start-ups introducing new products and alternative distribution models. It provides access to Lloyd’s global licences, financial ratings, and worldwide distribution network, enabling businesses to establish a long-term presence in the market.
Key Benefits:
- Direct market access: Underwrite risk directly within the Lloyd’s market, benefiting from its brand, reputation, and established regulatory framework.
- Global reach: Lloyd’s provides access to 200+ countries, offering extensive market opportunities.
- Long-term strategic position: Establish a syndicate with the potential to scale and operate independently within Lloyd’s.
Learn more about establishing a Syndicate at Lloyd’s
Syndicate in a box (SIAB)
SIAB is designed for entrepreneurial underwriters that bring differentiated and innovate products, new distribution models, or the potential for geographic expansion. It offers a streamlined path into the Lloyd’s market for those looking to assume underwriting risk and demonstrate strong growth potential within a controlled and scalable framework.
Key Benefits:
- Expedited Market Entry: Accelerated approval facilitating a swift start to underwriting.
- Cost-Effective Operations: Enter Lloyd’s with lower operational costs compared to a full syndicate.
- Growth Pathway: Option to transition to a full syndicate after three years, supporting long-term expansion.
Learn more about establishing a Syndicate in a box at Lloyd’s
Special Purpose Arrangement (SPA)
SPAs are tailored for businesses or capital providers seeking exposure to Lloyd’s underwriting and distribution. They offer a cost-effective, flexible structure for those aiming to partner with a host syndicate long-term or migrate to a full syndicate over time.
Key Benefits:
- Streamlined Approval Process: The quota share reinsurance arrangement with a host syndicate simplifies the application process.
- Lower Entry Costs: Compared to establishing a full syndicate, SPAs present a more economical entry point.
- Strategic Flexibility: Provides a stepping stone to a full syndicate if desired, allowing for gradual growth.
Learn more about establishing Special Purpose Arrangement (SPA) at Lloyd’s
Captive syndicate
A Lloyd’s Captive Syndicate is designed for captives seeking greater control, reduced costs, and an efficient alternative to fronting arrangements. It suits a range of captives, from large blue-chip companies to smaller privately owned entities with multinational risk exposure.
Key Benefits:
- Enhanced Control: Reduce reliance on fronting arrangements, gaining more direct oversight of risk management.
- Global Licensing: Underwrite risks directly in over 80 licensed territories, leveraging Lloyd’s extensive network.
- Capital Efficiency: Retain underwriting profits while benefiting from Lloyd’s financial strength and reduced tax and regulatory risks.
Learn more about establishing a Captive Syndicate at Lloyd’s
Why partner with Asta?
Independent and client-focused: We don’t operate our own syndicates or have any underwriting capital at risk, ensuring our sole focus is on meeting the needs of our clients that do. Our independence means we work entirely in our clients’ best interests, providing expert guidance, services and strategic support without competing priorities.
Proven expertise: With over 40 businesses launched since 1993, Asta has a track record of guide clients through regulatory and operational challenges.
Comprehensive operational support: We offer fully managed services, including underwriting management, compliance, actuarial, finance, risk management, company secretarial support, HR and IT. Our scalable, tailored approach means businesses can adjust services as they evolve, ensuring they always have the right level of expertise at the right time.
