Brit looks for flexibility with second syndicate

Flexibility was the main reason behind Brit establishing a Names
capital-backed syndicate, according to the carrier's group
deputy CEO.
Speaking to The Insurance Insider,
Matthew Wilson, who is also CEO of Brit Global Specialty, said that
a fully-fledged individual syndicate gave the carrier more wiggle
room than a special purpose syndicate would have.
"The new syndicate will allow us to write individual risks
completely independently of Syndicate 2987," he said,
following Lloyd's decision to gi