Wellington Underwriting has agreed to take over the management of pharmaceuticals giant SmithKline Beecham's captive syndicate at Lloyd's with immediate effect.

The captive syndicate will underwrite more than £16m of the parent company's insurance premiums across a wide range of classes of business in 2001. Wellington will manage the captive alongside its existing syndicate 2020.

SmithKline Beecham was one of the first to introduce captive syndicates to Lloyd's in 1998.


The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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