Subject: Sale of the managing agency
Syndicate(s) Affected: 1910, 1945, 1967, 2015, 2525, 2526
On 19 September 2011 a consortium comprised of Tawa plc, Skuld , and Paraline Group, Ltd. announced a definitive agreement to acquire Whittington Insurance Markets Limited, the immediate controller of Whittington Capital Management Limited.
The transaction is subject to the approval of Lloyd’s and the FSA and is expected to close within approximately 90 days.
No changes are anticipated to the board, operation and management of Whittington Capital Management or its managed syndicates.
Date issued: 23 September 2011
Agency contact name: Luke Barnett
Agency contact no: + 44 (0)7743 0983
For auction office use only: D2011025