Howden Capital Markets & Advisory and Howden Capital Solutions will serve as financial advisors to MGA platform K2 Insurance Services as it launches Syndicate 1954 for the 2026 YOA, in partnership with Dale Underwriting Partners, the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729.
The SPA will be managed by Dale Managing Agency Limited and hosted by Dale Syndicate 1729. It is expected to write £80 million of gross written premium in 2026, with Dale retaining 40%.
The syndicate will introduce 100% incremental premium to the Lloyd’s market, including new products not currently available. It will leverage Lloyd’s global licenses, enabling broader distribution and product innovation across key territories.
Jarad Madea, CEO of Howden Capital Markets & Advisory, commented, “This transaction underscores Howden Capital Markets & Advisory’s commitment to shaping the future of specialty insurance at Lloyd’s. By advising K2 on the launch of Syndicate 1954, we are helping introduce incremental premium and innovative new products to the market.
“This partnership with K2 and Dale reflects our deep expertise in the Lloyd’s ecosystem and further reinforces Howden’s role as a trusted advisor in bringing high-quality, forward-looking underwriting businesses to the market.”
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