23-05-2017 17:49 via insuranceinsider.com

ProSight run-off prospects under Lloyd's scrutiny

ProSight's Lloyd's operation has been asked by the
Corporation to put in place a run-off contingency plan in case it
is unable to secure a new backer, after it was put up for sale by
its parent company, The Insurance Insider
understands.
Multiple sources told this publication that as well as asking
ProSight Specialty Underwriters to bring in a third party - in this
case KPMG - to audit the business, performance management director
Jon Hancock had requested a roadmap...
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