Group 1 - Santam's Syndicate 1918 has received Lloyd's approval to start underwriting on January 1, 2026, following the completion of all operational procedures [1][3] - The syndicate will focus on underwriting various classes including cyber, energy, financial institutions, marine, political violence and terrorism, professional indemnity, and property [3] - The projected gross written premium for 2026 is expected to exceed £300 million ($396.43 million) [3] Group 2 - Santam Group's CEO Tavaziva Madzinga emphasized that international growth and diversification are key components of their FutureFit2030 strategy, with the Lloyd's syndicate being a scalable platform for achieving these goals [4][5] - The company has appointed experienced professionals to key positions within Syndicate 1918, including Rob Vetch as CEO and CFO, Simon Clapham as chief underwriting officer, Richard Weston as chief actuary and chief risk officer, and Carla Jordan as chief engagement and portfolio officer [2][5] - Santam has also finalized a purchase agreement to acquire a 60% stake in NMS Insurance Services, enhancing its position in the insurance market [5][6]