History

Syndicate 386 History
2010
(November)		 The Syndicate becomes part of the QBE Property, Casualty and Motor division, and Ash Bathia, Chief Underwriting Officer, succeeds David Constable as Active Underwriter for QBE Casualty Syndicate 386 at the end of 2010.
2010
(March)		 The Syndicate becomes part of the QBE Casualty and Motor Division, headed  by Ash Bathia, Managing Director
2008 Syndicate rebranded as Casualty Syndicate 386 and becomes part of QBE Casualty Division
2005 On Dec 21st - Standard & Poor's Ratings Services assigned its first interactive Lloyd's Syndicate Assessment (LSA) of '5' (very low dependency).
2003 David Constable was appointed Active Underwriter in January following Bob Wallace's retirement.The syndicate was rebranded as DA Constable & Others (Syndicate 386) and the Service Company became DA Constable Syndicates Limited.
2000 QBE Insurance Group (QBE) purchased Limit.
1999 JGL and BUAL merged to form a single managing agent, Limit Underwriting Limited (Limit).
The exisiting accounts of BUAL's liability Syndicates 45 and 1156 merged into Syndicate 386's 2000 year of account increasing its capacity from £125m to £212m.
1998 Limit plc acquired remaining interest in JGL and BUAL.
1996/7 Limit plc acquired majority interest in JGL and Bankside Underwriting Agency Limited (BUAL).
1993 The RJ Wallace Syndicate Limited (Ireland) Service Company was created in Dublin.
1991 The Michael Payne syndicate (MWP) was re-branded as the Bob Wallace syndicate (RJW), following his appointment as Active Underwriter.
1988 Following a steady growth the Syndicate established a service company, Michael Payne Syndicates Limited, which was to grow into the regional underwriting network that is in place today. By 1989 the capacity had reached £104.5m.
1974 Syndicate 386/683 was established with a capacity of less than £2m, with Michael Payne as the Active Underwriter and managed by Janson Green Limited (JGL). The syndicate was formed as a specialist liability underwriting vehicle, underwriting Employer's Liability via Syndicate 386 and the balance of the account via Syndicate 683.
386 Box at Lloyd's

386 Box at Lloyd's

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