Atradius gains final approval for Lloyd’s Syndicate 1864

Core Viewpoint - Atradius has received final regulatory approval to underwrite business through Lloyd's Syndicate 1864 starting from January 1, 2026, which is expected to enhance its international operations and access to the Lloyd's market [1][4]. Group 1: Business Expansion - The approval follows an initial "in principle" approval in July and is anticipated to expand Atradius' international operations [1]. - The syndicate will underwrite trade credit risks, initially serving both new and existing customers within the European financial sector [1]. Group 2: Partnership and Services - Atradius will launch the syndicate in partnership with Polo Managing Agency, which will provide turnkey services [2]. - Clients relying on Lloyd's Syndicate 1864 will benefit from access to Lloyd's network of licenses, resources, and financial strength rating [3]. Group 3: Strategic Importance - Atradius stated that operating via Lloyd's provides access to a broad spectrum of regulatory permissions and infrastructure [4]. - The CEO of Atradius emphasized that the approval to underwrite at Lloyd's is a significant step forward, showcasing confidence in their expertise and the strength of their proposition [4].