South African insurer Santam’s Syndicate 1918 approved by Lloyd’s to start underwriting from January 2026. CEO Rob Vetch, with 30 years’ experience, leads the venture. Simon Clapham, a 45-year industry veteran, is chief underwriting officer. Richard Weston, with 25 years in London market, serves as chief actuary. Carla Jordan, with 25 years in reinsurance, named chief engagement officer. Syndicate to underwrite cyber, energy, marine, professional indemnity, and more with projected premium exceeding £300m in 2026. Move aligns with Santam Group’s international growth strategy. Santam also acquires 60% stake in NMS Insurance Services from MultiChoice Group.

Read more at Yahoo Finance: Santam Syndicate 1918 gains Lloyd’s approval to underwrite from 2026