MS Amlin rolls out sub-syndicate as it targets growth push

Risks written will consolidate into the existing Lloyd’s structure.

MS Amlin has launched a new sub-syndicate to target growth opportunities and provide flexibility and capacity for brokers.

Named s1673, the sub-syndicate will support the growth of business written through MS Amlin’s recently formed Portfolio Solutions team. 

This team has been established to capture underwriting opportunities arising from the insurer’s MS&AD global network, as well as fast-follow relationships and business under Lloyd’s innovation and transition codes.

The sub-syndicate also allows MS Amlin to increase its share and relevance to brokers in existing lines written on MS Amlin’s Syndicate 2001, by writing additional lines via s1673. 

This ability to take a greater share of risks can be deployed across all classes of business at the discretion of MS Amlin underwriters, giving brokers access to greater capacity to support clients, where risks are aligned with MS Amlin’s underwriting appetite.

“This launch reflects our commitment to trade creatively and explore new commercial routes to sustainable, profitable growth in an evolving market,” Martin Burke, MS Amlin’s Chief Underwriting Officer, said in press release.

Named after the year (1673) the Mitsui enterprise was founded in Tokyo, s1673 is inextricably linked to MS Amlin’s Lloyd’s Syndicate 2001, supported by the same capital. 

From a Lloyd’s perspective, all risks written through s1673 will consolidate under MS Amlin’s Syndicate 2001.