Polo Management Agency (PMA), part of the PoloWorks Group, has launched three new Lloyd’s syndicates: Atradius Syndicate 1864, Aurora Syndicate 1890 and OAK Enterprise Syndicate 1440, all of which will commence underwriting on 1 January 2026.
PMA serves as the turnkey administrator for all three platforms, providing a full suite of administrator services for all three platforms, including underwriting governance, regulatory oversight and operational management.
These three underwriting syndicates bring unique underwriting propositions to the market:
- Atradius Syndicate 1864 – specializes in trade credit risk, supporting financial institutions and lenders across Europe.
- Aurora Syndicate 1890 – Oaktree-backed reinsurance group reinsuring business underwritten by Allianz, bringing high-quality reinsurance and additional capacity to Lloyd’s.
- OAK Enterprise Syndicate 1440 – Focuses on underwriting property and specialty retrocession business.
In addition, Polo Commercial Insurance Services (PCIS) provides comprehensive support with a range of outsourced services tailored to each client’s needs.
These include digital underwriting support for s.1890 and processing of complete data for all three insurance groups through access to PoloWorks’ modern, scalable and cost-effective insurance technology stack.
Paul Andrews, chief executive of PoloWorks and Polo Management, said: “Supporting three new syndicates for field underwriting in 2026 demonstrates our ability to deliver complex platforms at speed. Each of these businesses brings strong underwriting capabilities to Lloyd’s and we are proud to support them as they establish themselves in the market.”
The launch of these products enhances Lloyds’ expertise in key areas such as trade credit, retrocession and reinsurance. They clearly demonstrate continued investor interest in efficient and well-managed market entry points.
In addition, they reinforce PMA’s position as a flexible and trusted partner, supporting existing global entities and new players seeking bespoke access to Lloyd’s.
