Atradius receives approval to underwrite through Lloyd’s Syndicate 1864

Atradius, a global credit insurer, has secured final regulatory approval to begin underwriting through Lloyd’s Syndicate 1864 starting 1st January 2026. 

This approval follows an initial provisional clearance granted in July 2025 and marks a significant expansion of Atradius’s capacity to serve financial institutions managing trade credit risks.

Focused on Europe’s financial sector, Syndicate 1864 will support both new and existing clients by providing credit insurance solutions that protect portfolios, enhance capital efficiency, and promote safer growth. This approach provides a cost-effective way to manage credit risk, especially in uncertain markets, while preserving client trust. 

David Capdevila, Chief Executive Officer of Atradius, quoted “Securing approval to underwrite at Lloyd’s is a major milestone. It reflects confidence in our expertise and the strength of our offering. Joining the Lloyd’s market allows us to extend our credit risk specialisation to a broader client base worldwide, delivering greater value.”

More on the partnership

The syndicate is being launched in collaboration with Polo Managing Agency, which provides full support for its operations.

This partnership will strengthen Atradius’s global credit insurance presence and aligns with its commitment to high standards of compliance and operational efficiency.

“Polo Managing Agency is extremely proud to have collaborated on the launch of another Trade Credit syndicate, supporting the continued growth of the Lloyd’s market through the very significant expertise of Atradius,” stated Paul Andrews, Chief Executive Officer of PoloWorks and Polo Managing Agency.

What is next for Atradius?

Atradius’s underwriting will use extensive credit data from over 200 million companies globally, allowing for accurate risk assessment and customised insurance coverage. 

This would help businesses manage payment risks when trading on credit.

Underwriting through Lloyd’s provides Atradius with multiple benefits, including access to Lloyd’s strong financial rating, a broad network of licenses, and extensive resources

This approval positions Atradius to better serve financial institutions seeking to manage trade credit risk efficiently. As global markets face ongoing volatility, protecting credit portfolios while optimising capital use becomes increasingly critical.