Skuld confirms Syndicate 1897 active underwriter

Press release

Published: 12 May 2014

Skuld and Asta Syndicate Board are pleased to announce that Mike Bennett will be confirmed as active underwriter on Syndicate 1897, following his interim appointment in early March. Bennett joined Skuld, a leading marine insurance provider, in 2011 and was deputy active underwriter when the Syndicate was launched in the same year. Before Skuld he was at Mitsui Sumitomo Insurance Group and has been in the insurance market for 37 years.

Douglas Jacobsohn, Skuld CEO, said: "We are very happy to confirm Mike's appointment and I and the board have complete confidence that he is the right person to help us to grow our Lloyd's business as part of our wider diversification strategy. We continue to see opportunities to develop the Syndicate by bringing the Scandinavian service model into Lloyd's.

"We are witnessing growing benefits of offering a very broad and diversified range of marine products to our P&I members and other shipowners, on a commercial basis, and there are further opportunities for the Syndicate to work more closely with Skuld P&I in the future."