Proposed transfer of business from Syndicate 33 to Syndicate 3624 in 2010
Syndicate(s) Affected: Syndicate 33
The board of Hiscox Underwriting Limited (HUL), the Hiscox owned UK service company, has informed HSL that it intends renewing the Hiscox Events account (event cancellation insurance) and pilot's loss of licence account, currently underwritten by Syndicate 33, into Syndicate 3624 for 2010, subject to business plan approval from Lloyd's. The business which accounts for approximately £7m of Stamp GWP in 2009 and 2010 is completely sourced through the Hiscox owned distribution network. This proposed change will be reflected in the next SBF submission on 18th September.
Date issued: 7 September 2009
Contact Information
Agency contact name: Ian Martin
Agency contact no: + 44 (0)20 7448 6315
For auction office use only: D2009013
