Subject: 2015 Business Plan – Syndicate De-emption
Sale of Dumasco Ltd
Syndicate(s) Affected: 2791
MAP has recently submitted its proposed final business plan for 2015 to Lloyd’s with no material changes from its provisional plan. The plan is subject to approval by Lloyd’s and includes the proposal to de-empt the syndicate’s capacity by 11.74% from £453m to £400m for 2015.
Mr Dumas, one of the non-executive directors of Managing Agency Partners Limited has sold his 70% interest in Dumasco Limited to Helios Underwriting plc. Dumasco Limited has a capacity of £503,238 on syndicate 2791 for the 2014 year of account.
Date issued: 26 September 2014
Agency contact name: Anne Mount/ Siobhan McAuley
Agency contact no: + 44 (0)7709 3864/ 3867
For auction office use only: D2014009
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