Report & Accounts
Beaufort Underwriting Agency Limited is the Lloyd’s managing agent for MSF Pritchard Syndicate 318 and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Beaufort Underwriting Agency is responsible for the management of Syndicate 318 and its related entities. Beaufort’s responsibilities cover the full range of functions necessary to support the insurance activities of the organisation including compliance, risk management, capital and risk modelling, actuarial, finance and investments, HR and systems. Beaufort’s Board of Directors includes Non-Executive directors with broad experience across a number of key disciplines.
Beaufort brings together talented and dedicated professionals who can achieve results in the challenging environment in which the business operates – the aim to empower individuals within a robust framework.
Since 2007 the group has been part of Munich Re who today provide over 90% of the capital supporting the business, alongside Munich there are also independent investors or Names that have supported the Syndicate for many years.