Endurance at Lloyd's

Overview

Endurance at Lloyd’s is the managing agent of Syndicate 5151, established in 2007 to underwrite a diversified book of property, marine, engineering and specialty classes of business. Endurance acquired Syndicate 5151 as part of the acquisition of Montpelier Re Holdings in July 2015.

We are proud to operate at Lloyd’s, the world’s largest subscription insurance and reinsurance market, and are committed to providing insurance and reinsurance solutions that reflect our commitment to professionalism, integrity agility and accountability. We recognize that our success is built on the quality of our relationships and on our reputation.

Endurance provides 100 per cent of the capital for Endurance at Lloyd's. For 2015, stamp capacity is £180 million. Endurance at Lloyd’s is authorized by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA.

Ratings

Backed by the financial strength of Lloyd’s and our parent, Endurance, we bring to our clients expertise built on years of experience, a considerable appetite for risk retention, and an agile and analytic underwriting approach. These attributes combine to create tailored and flexible solutions to our clients’ risk exposures.

Endurance at Lloyd’s has the ability to write business in over 200 countries worldwide by virtue of its access to Lloyd’s licenses and international trading rights. In addition, the Lloyd’s chain of security means all policyholders benefit from the market’s common rating, supported by the Lloyd’s Central Fund.  Lloyd’s is rated: 

  • "A+" (Strong) by Standard and Poor's
  • "A+" by Fitch
  • "A" (Excellent) by A.M. Best

Endurance provides capital, business infrastructure, and analytical support to Endurance at Lloyd’s.  Endurance’s principal operating subsidiaries are rated:

  • "A" (Excellent) by A.M. Best (XV size category)
  • "A" (Strong) by Standard & Poor's 

Products

As part of the Lloyd’s market, we have direct access to the latest information available through global intelligence resources and Lloyd's worldwide network and we regularly use this knowledge to develop bespoke insurance products that address our clients’ business requirements.

Marine
We are specialist underwriters in marine classes and our team is recognized as an established leading syndicate in the Lloyd's market. We underwrite the following business from Box 194 in Lloyd’s:

  • Hull and Liability
  • Cargo and Specie

Non-Marine
We underwrite a diverse account weighted towards the shorter tail property lines from Box 206 in Lloyd’s.  Our capacity can be deployed either as direct insurance, facultative or treaty reinsurance, or on a delegated basis depending upon the class. Products include:

  • Property
  • Engineering
  • Specialty
  • Political and Financial Risks

Claims

Endurance at Lloyd’s is committed to delivering policyholders a professional, expert, and efficient claims service.  All claims are managed in accordance with Lloyd’s Claims Minimum Standards and the applicable Lloyd’s Claims Schemes and Fair Claims Practices Acts.  We operate established partnerships with market leading claims professionals, including adjusters, surveyors, accountants, engineers, and auditors in order to ensure prompt and fair claims outcomes.