Polo Managing Agency (PMA) has been appointed managing agent of Allianz Commercial 1893, Allianz Commercial’s new direct underwriting syndicate, which recently received in-principle approval from Lloyd’s.
Allianz Commercial 1893, which is expected to begin trading from January 1, 2027, takes its name from the year Allianz first expanded internationally, opening a London office in 1893, three years after its founding in Berlin in 1890.
The new syndicate will reportedly give Allianz Commercial greater access to specialty, facilities and selected MGA business at Lloyd’s.
PMA said the appointment builds on its track record of acting as managing agent for new syndicates at Lloyd’s, having taken on six since 2025, including Atradius Syndicate 1864, Aurora Syndicate 1890, OAK Enterprise Syndicate 1440 and Niyam Syndicate 2047.
PMA added that its “comprehensive” support services span underwriting governance, regulatory oversight and operational management, supporting clients from initial establishment through to ongoing operations.
Phil Smith, CEO, Polo Managing Agency, commented, “Through Polo Managing Agency, we have worked closely with the Allianz team to support the establishment of Allianz Commercial 1893 and provide the infrastructure and Lloyd’s market expertise behind the new syndicate.”
