Asta Underwriting Management Ltd
5th Floor Camomile Court, 23 Camomile Street, London, EC3A 7LL
Asta is an approved Lloyd's managing agent and our principal activity is the start-up and management of Lloyd’s syndicates. We currently manage 9 Lloyd's syndicates and £1billion of capacity. Asta is able to provide syndicate management on a permanent basis or under a turnkey arrangement leading to eventual migration to full independence and the syndicate's own managing agency platform. Asta Underwriting Management Ltd acts as a platform to support the MGA market and provides an all encompassing solution for MGA businesses. Asta Underwriting Management will provide infrastructure, management and regulatory reporting for its client MGAs and their capacity partners.
Chief Risk Officer
Clare Barley is a qualified Actuary. After graduating with a masters in mathematics from Warwick University, Clare worked as a Pensions Actuary before joining Lane Clark & Peacock in 2010 where she provided clients with actuarial advice on a range of insurance matters, including Solvency II, reserving and pricing. Clare joined Asta’s risk team in 2014 and has worked across all areas of risk management, with particular focus on the ORSA process and model validation. She was appointed Deputy CRO in 2014 and promoted to CRO in February 2016.
Chief Financial Officer
Having qualified as a Chartered Accountant with Coopers & Lybrand (now PwC), David Hunt entered the insurance industry in 1990 with English & American heading up the back office team for the Aviation underwriting pools. David joined Asta as CFO in September 2012. He was previously part of Pro Insurance’s senior management team since its formation in 1993 and CFO from 1997 to 2009, focussing on client service management both in traditional run-off and schemes of arrangement Following the acquisition by Tawa plc David moved to head up Tawa’s M&A team with particular focus on financial modelling, including structuring and pricing for finality solutions, and debt purchase.
Chief Executive Officer
Julian Tighe has worked in the insurance industry for 25 years, spending the last 14 with Asta. Julian was appointed Chief Executive Officer on 1 January 2014, prior to that he has held other roles at Asta, including COO, CFO and Strategic Acquisitions Director. Julian has extensive experience in advising clients on business plans and launching new syndicates at Lloyd’s. Prior to joining Asta Julian held senior finance positions at Reliance National and Orion Insurance Company. Julian is also a member of the board of Asta Capital Ltd
Chief Operating Officer
Lorraine Harfitt joined Asta in September 2013 as Head of Risk Assurance in a broad ranging role working with the COO, CRO and the Joint Directors of Underwriting in implementing the new Lloyd’s standards but also bringing her considerable market experience to bear in a number of other areas. As of 1stJanuary 2014 Lorraine was appointed Chief Operating Officer with the aim of further enhancing and refining Asta’s successful operating model. Lorraine joined Asta from Lloyd’s where she held a number of senior positions including specific responsibility for implementation of the Solvency II project across the Lloyd's market. Lorraine has over 20 years of experience within the Lloyd’s market. She is ACII qualified and completed the Lloyd’s leadership course at London Business School in 2010.
Chief Information Officer
Matt Lane has been working in insurance technology since 1998. After graduating with a BSc in Physics from Bath, Matt launched his career as an IT consultant, working on numerous insurance system implementation projects across North America & South East Asia. Matt completed his MBA in Rotterdam in 2005 and subsequently held London Market positions with ACE Europe & Tokio Marine Europe in IT & Programme Management. He entered the Lloyd’s Market in 2011 working as Solvency II programme delivery manager at the Corporation of Lloyd’s, before joining Asta in 2014. As Head of Business Intelligence, he led the implementation of Solvency II’s Pillar 3 reporting regime within Asta, establishing a reputation as a leading market authority on the subject. Matt was appointed CIO in February 2016.
Director of Underwriting
Simon Norton has worked in the London Market for 26 years, joining Asta in 2009. Simon was appointed Director of Underwriting on 1 January 2014 having previously held the roles of Joint Director of Underwriting and Head of Underwriting Management. Simon has extensive experience in leading and managing underwriting portfolios in both the London Company and Lloyd’s Market. Prior to joining Asta, Simon worked at the Franchise Performance Directorate at Lloyd’s.