The syndicate is ten years old this year. 

In our early years, aided by a fresh approach, a favourable market and strong support from you, we recorded excellent results. 

We are now in the process of reviewing our business model to ensure that we are equipped to succeed in all trading environments.  It is important that our proposition remains current and attractive and that we continue to be responsive and supportive. 

As part of this process, we are reviewing aspects of our distribution strategy.  Some things will not change.  We will remain a Broker only market and we have no desire to increase the number of Brokers with whom we trade.

However, I believe that we can be more effective in how we interact with our Broker partners.  We can more clearly communicate our appetite, strengths and differentiators.  We should/will be more pro active and discerning in our planning, including being aware of, and responsive to, those who consistently support us. 

Over the remainder of 2010, my colleagues and I would like to meet with many of you, to share our plans and listen to what you have to say. 

Whilst I believe we can do more to promote ourselves and the advantages we bring, ultimately, we are dependent on your support and this support is greatly appreciated.

There have been a number of senior personnel changes during recent months, particularly with the appointment of Eamon Brown as Active Underwriter.  Our updated Executive structure can be viewed by clicking on this link.