Global credit insurer Atradius is entering an exciting new chapter as it prepares to launch Syndicate 1864 at Lloyd’s of London, with an eye on beginning underwriting operations by January 1, 2026. The syndicate has just received ‘in principle’ approval from Lloyd’s a significant step forward in expanding Atradius’ presence in the global trade credit insurance space. At the outset, the new syndicate will concentrate on supporting European clients in the financial sector building on Atradius’ long-standing reputation for delivering reliable trade credit insurance, surety, and collections services that businesses trust.
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David Capdevila, CEO of Atradius, expressed optimism about this new partnership: “Our expertise in trade credit risks aligns naturally with the Lloyd’s ecosystem. This collaboration allows us to combine our global insights with Lloyd’s strength and reach to bring exceptional benefits to our clients. We’re genuinely excited to keep working closely with PoloWorks and the Lloyd’s team as we turn this vision into reality. Launching Syndicate 1864 wouldn’t have been possible without the continued support of PoloWorks and Aon Capital Advisory, both of whom played key roles in navigating the application process.
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These partnerships will remain critical as Atradius prepares for the full launch. Paul Andrews, CEO of Polo Managing Agency, added: “In such a fast-evolving and innovative sector, it’s an honour to support Atradius as they expand into Lloyd’s.
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This move brings important new capacity to the trade credit market, and we’re proud to be part of it.” Mike Cane, who leads Capital Advisory at Aon Reinsurance Solutions, shared his excitement about the milestone, saying:“Syndicate 1864 is more than just a new venture it represents a forward-thinking approach to trade credit risk. We believe this will become a key part of what Atradius offers strengthening the support we provide and helping our clients achieve even better outcomes across the board By entering the Lloyd’s marketplace, Atradius is positioning itself to offer clients the advantages of Lloyd’s financial strength, global licenses, and operational infrastructure while maintaining its own high standards for compliance and customer service. This move highlights Atradius’ dedication to innovation and building trusted, client-focused solutions for the future
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