Polo provides all services, at all stages of a syndicate’s life cycle. From governance and oversight through to processing, IT and complete back office support.
Run off syndicate
Extensive experience in managing run off syndicates and has recently launched s1254.
An operating model to allow captives to operate efficiently within the market.
Syndicate in a Box
A digital led proposition to provide lower operating costs and a speedy launch.
Successful track record in taking syndicates through the entire lifecycle from start up to moving into their own Agency.
Combining the benefits of both PMA and PCIS, providing strong oversight and governance together with market leading processing expertise.
Expertise to support process improvements and best practice.
"From the very earliest days of starting up, PMA have been a cooperative and flexible partner adjusting their services to our changing needs. As our knowledge and resources grew, they worked collaboratively with us during the approval of and migration to our own managing agent."
Client partner - Probitas
The syndicate management team works with clients to deliver, or support, the following suite of services, according to bespoke needs:
Download the Polo Managing Agency – Example of Syndicate Management Matrix below.
Development of the syndicate’s business plan, including underwriting strategy support, resources and capital.
Oversight and governance of underwriting and claims, exposure management, reinsurance and delegated underwriting.
Tailored risk management solutions, including risk governance, risk frameworks and risk monitoring.
Primary validation of Solvency II internal models.
Financial / Actuarial Governance
Assist in preparation of statutory accounts, regulatory returns and other accounting and reporting.
Actuarial work includes actuarial reserving and capital modelling.
Key services include outsourced management and data processing/cleansing for regulatory reporting.
Regulatory approvals to trade in Lloyd’s.
Provision of Board including NEDs.
Legal / Compliance
Key services include research and analysis of regulatory developments, compliance monitoring and reporting & regulatory liaison.
Through our 300 staff, based in London and Cheltenham, we provide a high quality service to clients through a low-cost delivery model, utilising deep insurance expertise and deploying the latest technology.
Put your trust in us. We’re proud to be certified and recognised for our work.
Please get in touch if you have a question or would like to know more about how we can help.