Castel Bloodstock is not holding its horses after securing a new binder with Lloyd’s capacity.
Provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225, the new capacity supports a bloodstock account focused on high-value thoroughbred, sports horse and show horse risks, as well as equine mortality and transit risks. Castel Bloodstock, headed by David Higgins, is part of Castel Specialty.
“We have attracted strong, quality capacity that supports our business plan and recognises our commitment to writing a broad spectrum of bloodstock risks largely on a following basis,” said Higgins, who is assisted by recently hired Tara Woodward.
A division of club-style MGA formation platform Castel Underwriting Agencies Limited, Castel Specialty backs individual underwriters with smaller books of niche business by providing the infrastructure and capacity they need to begin writing their own books of business.