Lloyd's risks market ire as 9 start-ups target 2018

The Corporation of Lloyd's has placed itself on a collision
course with incumbent managing agents by entertaining at least nine
full syndicate and special purpose arrangement (SPA) start-ups for
the first half of 2018.
The Insurance Insider is aware of four
potential full syndicates in the Lloyd's pipeline, and another
five possible SPAs.
This receptiveness to new entrants could
anger existing managing agents, given the Corporation's
clampdown on expansion plans tabled during the 2018 business
p