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The board of VIBE Syndicate Management (“VIBE”), announced today that, effective 31 December 2019, Syndicate 5678 at Lloyd’s will be placed into a planned runoff. Joe England, CEO, said: “It was with considerable regret that our board reached the conclusion that the business does not have the right scale to thrive in the current market […]

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VIBE Syndicate Management (“VIBE”), today announced the closure of its Accident & Health and Property D&F business units with immediate effect. Commenting on the announcement Joe England, Group CEO of SHC & VIBE, said “as we continue our strategic review of the VIBE business we have decided to cease underwriting new and renewal Accident & […]

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Pro Global Insurance Solutions (Pro), the (re)insurance outsourcing and consultancy specialists, today announces it has signed a sale and purchase agreement to acquire Vibe MGA Management Ltd (VibeMM), the MGA incubator business of Vibe UK Holdings, the owner of Lloyd’s managing agent Vibe Syndicate Management (VibeSM). The highly complementary transaction is expected to complete in […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced that it has substantially reduced its D&F open-market Property underwriting for the 2019 year of account. Ed Pomeroy, Head of Property D&F, has left the company effective November 16th 2018. VIBE will continue to underwrite its Delegated Property portfolio under the […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced a strategic reorganisation of VIBE. Effective immediately VIBE will transition to being organised into VIBE Insurance and VIBE Reinsurance (“VIBE Re”). Bradley Knight will remain CUO & Active Underwriter of VIBE Syndicate 5678 and has been appointed to a new position […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced the appointment of Richard Milner to a newly created position as CEO of VIBE Reinsurance (“VIBE Re”). Richard will join SHC & VIBE from AXIS Re where he has spent the past twelve years; latterly as President & Chief Underwriting Officer […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced the appointment of Daniel Draper as Group Chief Risk & Actuarial Officer. Dan will join VIBE from AXIS where he has spent the past eight years; latterly as Chief Actuary of AXIS Capital Holdings where he was responsible for the Actuarial […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced the appointment of Alex Williams as Group CFO of VIBE. Alex is the former Chief Financial Officer (Reinsurance and Syndicate) of Liberty Specialty Markets and has acted as Interim Chief Financial Officer of VIBE since March 2018. He joined the Group […]

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Syndicate Holding Corp (“SHC”), the holding company of VIBE Syndicate Management (“VIBE”), today announced the appointment of Joe England and Jack Gressier to the company’s Board of Directors, with Mr Gressier named Non-Executive Chairman. Mr England was also appointed Group Chief Executive Officer of SHC and Chief Executive Officer of VIBE. The Board of SHC […]

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VIBE Syndicate Management (“VIBE”), today announced that the 2019 Syndicate Business Plan and capital requirements for VIBE Syndicate 5678 has received written approval from Lloyd’s. Commenting on the announcement Joe England, Group CEO of SHC & VIBE, said “VIBE is aligned with Lloyd’s actions to remediate the performance gap in the market. Our immediate plan […]

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