Standard Bearer for Growth

Probitas 1492, a Lloyd’s syndicate that mainly writes property, construction and casualty insurance and reinsurance risks, was launched in October 2015 with an initial underwriting capacity of $30m.

Over the next five years Probitas is looking to transform itself into a well-diversified $1bn business (in terms gross of premium income) by writing a significant proportion of its business in emerging and other high-growth markets, particularly in geographic areas where Lloyd’s is underweight at present.

In this regard, while Probitas’ initial focus is Latin America, it is also in the process of establishing underwriting platforms and distribution networks in central…to read the full interview, please visit the Insurance Day website here.