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Premia Managing Agency

Syndicate 1884 is managed by Premia Managing Agency (“PMAL”). PMAL provides risk-transfer and run-off solutions for other Lloyd’s syndicates and capital providers. It is responsible for managing the run-off of Syndicate 1884 for the Year of Account 2018, following cessation of live market underwriting on 31 December 2018. 


PMAL, through Syndicate 1884, has assumed billions in reserves and has completed three Reinsurance to Close (RiTCs) transactions and two additional reinsurance transactions.

PMAL is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

 

About Syndicate 1884


Syndicate 1884 is managed by Premia Managing Agency (“PMAL”). PMAL provides risk-transfer and run-off solutions for other Lloyd’s syndicates and capital providers. It is responsible for managing the run-off of Syndicate 1884, following cessation of live market underwriting on 31 December 2018.


For any enquiries about run-off solutions, or claims please contact newenquiries@premiare.uk


Customer Service Standard for Syndicate 1884


The fair treatment of customers is a key part of the run-off strategy for Syndicate 1884.  As manager of the syndicate, PMAL will ensure that claims and post-binding underwriting service levels to policyholders are maintained throughout the lifetime of each policy in line with Lloyd’s oversight principles and other regulatory requirements.


PMAL will deliver a consistent and high quality claims service, recognising and understanding the varying needs of our customers across a broad range of underwriting classes and ensuring all claims are assessed in a fair and timely manner, all covered claims are settled promptly and in compliance with the regulatory environment.

 

Our Values

Board of Directors

Chris Forbes (Chairman and Independent Non-executive Director)

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Janet Helson (Chair of the Risk Committee and Independent Non-executive Director)

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Jon Perkins (Independent Non-executive Director)

Tim Carroll (Chair of the Audit and Remuneration Committees and Independent Non-executive Director)

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Tim Carroll (Chair of the Audit and Remuneration Committees and Independent Non-executive Director)

Tim Carroll (Chair of the Audit and Remuneration Committees and Independent Non-executive Director)

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Colin Grint (Chief Executive Officer)

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

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David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

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Simon Curtis (Finance Director)

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

Paul Koslover (Group Chief Risk Officer)

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Paul Koslover (Group Chief Risk Officer)

David Atkins (Chief Operating Officer) and syndicate 1884 Run Off Manager

Paul Koslover (Group Chief Risk Officer)

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Claire Lofthouse (Executive Director)

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Contact Us

2  Minster Court, Mincing Lane, London, EC3R 7BB
newenquiries@premiare.uk


 If you are not satisfied with the service received, the details of how to make a complaint are set out below:


First Instance

In the first instance please contact:
Julia Davis, Head of Compliance
julia.davis@premiare.uk


Escalation

If you are not satisfied with your response, you can escalate your complaint by contacting:
intl.complaint.notifications@Premiare.uk

Alternatively, you can write to us at:

Complaints
Premia Managing Agency Ltd
2 Minster Court
Mincing Lane
London, EC3R 7BB


2 Minster Court
Mincing Lane
London, EC3R 7BB

newenquiries@premiare.uk
Registered in England 9147885


For all IT and Security matters, in the first instance please contact:
Justin Ward, CIO & Director of Operations
justin.ward@premiare.uk


Premia is committed to maintaining an environment with open communication.  The UK regulated entities Whistleblowing Officer  is Janet Helson, an independent non-executive director and Chair of  the UK Group Risk and Capital Committee. If you wish to submit a report in confidence (whether anonymous or not) , please contact whistleblowingpremia3@gmail.com. 


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