Cassidy Davis is aiming to rebuild its presence in the market in 2005 and is anticipating "strong growth".

In February Jubilee Managing Agency completed its acquisition of the personal lines syndicate.

Cassidy Davis director of underwriting Brian Jackson said after a year of "treading water" the syndicate anticipated strong growth in 2005.

He said the establishment of Syndicate 5820 at the beginning of March has paved the way for growth across all lines of business in the sector.