{"id":767148,"date":"2026-09-11T10:24:10","date_gmt":"2026-09-11T10:24:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/767148\/"},"modified":"2026-09-11T10:24:10","modified_gmt":"2026-09-11T10:24:10","slug":"why-bermudas-newest-lloyds-entrants-keep-renting-someone-elses-managing-agency","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/767148\/","title":{"rendered":"Why Bermuda&#8217;s newest Lloyd&#8217;s entrants keep renting someone else&#8217;s managing agency"},"content":{"rendered":"<p>Fidelis: proven Lloyd&#8217;s pedigree, still outsourced<\/p>\n<p>Fidelis is the more interesting case, because it isn&#8217;t a first-time entrant figuring out how Lloyd&#8217;s works. Richard Brindle spent years underwriting at Lloyd&#8217;s syndicates before founding <a href=\"https:\/\/www.insurancebusinessmag.com\/uk\/companies\/lancashire\/29785\/\" rel=\"nofollow noopener\" target=\"_blank\">Lancashire<\/a> in 2005, and his return to the market with Syndicate 3123 in 2024 was framed at the time as exactly that, a comeback. Even with that background, and with Hampden Agencies, the market&#8217;s largest provider of private capital, alongside him, the syndicate launched with Asta running the agency function rather than a bespoke Fidelis managing agent.<\/p>\n","protected":false},"excerpt":{"rendered":"Fidelis: proven Lloyd&#8217;s pedigree, still outsourced Fidelis is the more interesting case, because it isn&#8217;t a first-time entrant&hellip;\n","protected":false},"author":2,"featured_media":767149,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[75573,59,57,58,1349,16821,50,56,54,55],"class_list":["post-767148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-bermuda","tag-gb","tag-great-britain","tag-greatbritain","tag-insurance","tag-lloyds","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/767148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=767148"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/767148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/767149"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=767148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=767148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=767148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}