Insights

Dominic Peters departs Dale Underwriting Partners

Posted 14/06/2024 – Insights

Dale Underwriting Partners appears to have suddenly parted ways with its active underwriter of syndicate 1729, Dominic Peters. The managing agent has announced that Ian Bridge, previously the deputy underwriter, will take over as the active underwriter for the syndicate.

Alpha comment

Following the announcement of Dale’s strategic partnership with CVC last year and the subsequent notice given to private capital providers that they would not be able to support the syndicate beyond the 2025 year of account, Alpha withdrew its support for this syndicate for 2024. Dominic Peters’ departure should have little impact on our exposure to the open 2022 and 2023 underwriting years, which are currently forecasting profits.

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