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 in 2021 we announced a new joint venture, Dale DUAL MGU Limited.
In 2022, Dale expect to write Gross Written Premium of £315m of income across its two distribution platforms:
- Lloyd’s Syndicate 1729 with GWP of £223m; and
- Dale Dual MGU limited with GWP of £92m.
Led by Duncan Dale and a team of experienced underwriters with successful track records, Dale 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 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.
“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.”
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.
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 £1.4bn of gross underwriting capacity under management. www.asta-uk.com
- London based and dedicated to the Lloyd’s Broker distribution channel.
- Majority ownership with the management team.
- Leading underwriting, claims and operational expertise.
- Focussed on 5 core classes.
- A strong and diverse corporate and private capital base support both the Syndicate and DDML.
- The Syndicate has access to Lloyd’s licenses worldwide and its ratings; “A” from A.M. Best and “A+” from Fitch and Standard and Poor’s.
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.
Casualty – insurance and reinsurance, including healthcare professional liability, general liability, professional lines, management liability, workers compensation and automobile liability, written on a treaty reinsurance and direct basis, open market and through binding authorities.
Predominantly US domiciled except healthcare professional liability which is written in many countries of the world.
Property Insurance – Worldwide open market and binding authority business for predominantly commercial property. Also includes transportation portfolio – FTC/MTC, garage liability and DOL.
Property Reinsurance – Worldwide Catastrophe XL, Per Risk XL, Terrorism and Agriculture.
Energy – Physical Damage, construction, control of well, business interruption/loss of production income, renewable energy and associated liabilities written on direct facultative basis.
Special Risks Insurance – Contingency, Sports Personal Accident business and Accident and Health business. Written on an open market basis, through market facilities and binding authorities.