EP176 Lorraine Harfitt of Asta: People, Plan, Capital.

Asta is the largest third-party manager of Lloyd’s Syndicates by
quite a long way. As such, today’s guest Lorraine Harfitt CEO of
Asta, almost certainly has a better view of what types of new
business entrepreneurs and major insurers alike are looking to
set up. She also has the best view of Lloyd’s changing appetites
around what type of businesses it is looking to allow into - and
keep out of - the marketplace. So this podcast is a great
temperature gauge on the Lloyd’s and wider international
insurance and reinsurance markets. I’m happy to report that I
found Lorraine full of optimism and enthusiasm, with a long and
diverse pipeline of business in prospect on many fronts, be it
new Syndicates in boxes, Captive Syndicates, traditional
syndicates, other alternative vehicles or MGAs. As Lorraine puts
it, there is always a fear that the appeal of the Lloyd’s and
London Market may one day wane. On this showing there is no
evidence of this happening any time soon. Lorraine is a an
industry professional of vast experience who has worked her way
from the Lloyd’s Policy Signing Office in Chatham all the way up
into the heart of the market. She knows this business inside and
out, she’s great company and this podcast is packed with lots of
really nuanced observations. NOTES: Lorraine mentions a Julian.
That is of course Julian Tighe, former CEO of Asta and now its
Group Director and Chief Commercial Officer at Davies Insurance
Services. ICAS, the UK forerunner of the Solvency II regime,
stood for Individual Capital Adequacy Standards. LINKS: We thank
our naming sponsor AdvantageGo: https://www.advantagego.com/