As an entrepreneurial and lean business we have greater flexibility than most to offer innovative and creative solutions.
Dale Underwriting Partners is an independent, owner-managed underwriting business which began trading with effect from 1st January 2014 with the formation of Lloyd’s Syndicate 1729. Since then, the business has grown and we have added a Lloyd’s Special Purpose Arrangement, the Magna Syndicate 6131 underwriting Specialty business and in 2021 we announced a new joint venture, Dale DUAL MGU Limited with capacity provided by Aviva for Property Insurance.
As a group we expect to write gross premium of circa £225m for 2021.
Led by Duncan Dale and a team of experienced underwriters with successful track records, Dale Underwriting Partners aims to provide a first-class underwriting service to brokers and clients around the world. The business is run by highly experienced underwriters with a support team that is embedded into the underwriting process, ensuring a consistent focus year on year to our clients.
“We are proud to be London based, drawing on the strengths of the city in terms of access to talent and are dedicated to the Lloyd’s broker distribution channel.”
We have the knowledge of our products and the strength of innovation to provide efficient and effective solutions to our client base. We seek mutually beneficial relationships over a long period of time, appreciating that consistency of approach and transparency of message are more valuable assets than short term grasps at profit.
As an entrepreneurial and lean business we have greater flexibility than most to offer an innovative and creative service to our client base as well as the ability to cross-sell across our core lines of business. Our people are central to our success; all staff are rewarded on the bottom line profitability and are thus aligned strongly to our supporting capital.
The underwriting capital behind the Syndicate is provided by Private Names and Third Party Corporate Providers.
On the Lloyd’s platform, the syndicate benefits from the financial strength, security and stability of the Lloyd’s market to meet our ongoing insurance policy and contractual obligations. Lloyd’s currently enjoys an “A” rating from A.M. Best and “A+” ratings from Fitch Ratings and Standard & Poor’s. www.lloyds.com
Our syndicates are managed by Asta Managing Agency, a leading turnkey provider for third party syndicates with over £1.3bn of gross underwriting capacity under management. www.asta-uk.com
Our commitment to the Lloyd’s and London Market is matched by the dedication of our staff to various market committees, contributing their time, expertise and experience to help drive market improvement and influence its future strategy and direction.
Dale Underwriting were the first company from the Lloyd’s and London Market to be invited to join the Elite companies programme run by the London Stock Exchange in 2019 and are now an accredited member.