Torus given green light to launch Lloyd's managing agency
Torus has received approval from the Financial Services Authority and Lloyd’s to launch its own Lloyd’s managing agency, to be known as Torus Underwriting Management.
TUM assumes management of Torus Syndicate 1301 with immediate effect, replacing the Chaucer ‘turnkey' syndicate management agreement in place since Syndicate 130, which Torus acquired in September
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