Vibe Syndicate Management Ltd Information

Vibe Syndicate Management is a Lloyd’s managing agent, the principal business within a multinational non-life insurance and reinsurance group. Vibe manages Syndicate 5678 at Lloyd’s. Syndicate 5678 was established in 2007 and became one of the leading providers of legacy solutions through Reinsurance to Close (RITC) of open years. Today, the Syndicate underwrites a broad range of insurance and reinsurance business, including Accident & Health, Financial Institutions, Professional Indemnity, Accident & Health Treaty, Casualty Treaty, Property Treaty, Property Direct & Facultative, Specialty Treaty and North American Specialty Programs. In 2011, the Group expanded into the UK company market with its acquisition of Inceptum Insurance Company Limited (formerly HSBC Insurance (UK) Limited), which consolidated the Group’s leading position in the run-off market. In May 2014, RITC Syndicate Management Limited changed its name to Vibe Syndicate Management Limited to mark the next stage in the company’s history. In July 2014, Vibe received permission from Lloyd’s to begin underwriting live business as the Group plans to replicate the success of its legacy business by diversifying into new insurance and reinsurance markets. In addition to London, the Group operates in Puerto Rico, where it owns Syndicate Re A.I., an authorised reinsurance company. The Group is owned principally by two investors: Quantum Strategic Partners Ltd., a private investment vehicle managed by Soros Fund Management LLC, and Pine Brook Partners.