Equinox Global Limited, an approved Lloyd’s cover holder and specialist in trade credit insurance, is pleased to announce that it has secured additional capacity through Jubilee Syndicate 5820 (“Jubilee”) at Lloyd’s. With the addition of Jubilee, Equinox Global’s automatic capacity increases from $30m to $35m.
Going forward, Equinox Global’s carrier platform will be comprised as follows: Beazley Syndicate AFB 2623/623 (37.14%), Aspen Syndicate 4711 (34.29%), Pembroke Syndicate 4000 (14.29%) and Jubilee Syndicate 5820 (14.29%).
Mike Holley, Chief Executive Officer of Equinox Global, commented: “We are delighted that Jubilee will be working with us as we continue to grow our business. Jubilee brings a greater diversity to our panel and reinforces our relationship with Lloyd’s. Working with Jubilee, along with the rest of our carriers, means that we are even better positioned to meet all our client’s trade credit needs.”
Simon Hayter, senior Political and Credit Risk Underwriter, Jubilee, added: “Jubilee is delighted to be entering into a partnership with Equinox. At Jubilee we believe in long-term partnerships built around a specialty focus and genuine leadership and Equinox provides us with an ideal partner in the whole turnover credit market. This new development represents another important step for us as we build out our Political Risks and Trade Credit underwriting franchise.”
