Our Story

Tempo Underwriting was founded in 2012 by Marco Del Carlo, Tom Bailey, Sean McDermott and Jeremy Fall with a vision of becoming an underwriter-led, multi-line MGA focused on specialty lines business.

We formed Tempo largely in response to a number of trends we could see emerging in the world of specialty (re)insurance underwriting including:

  1. An ever-increasing number of talented underwriters seeking better work environments
  2. Carriers becoming more open to a wider range of delegated authority underwriting opportunities as profitability in core businesses are under increasing pressure
  3. The investment requirements, timescales and risks of setting up new insurance entities increasing as a result of ever-growing regulatory requirements and in the case of MGAs timeframes to secure capacity

Company Timeline

Key milestones in our business include:

2012

  • Q2 – Tempo Partners Limited Incorporated in England and Wales
  • Q4 – Authorised by Financial Services Authority (now Financial Conduct Authority)
  • Q4 – Launches Marine & Aviation Treaty team

2013

  • Q1 – Awarded Corporate Chartered Insurer status by Chartered Insurance Institute (CII)
  • Q2 – Launches D&O (Directors & Officers) team

2014

  • Q1 – Increased line size and added Marine including Energy to Treaty offering
  • Q2 – Launches Professional Indemnity team
  • Q3 – Diversified capacity base for Marine, Energy and Aviation Treaty book
  • Q4 – Started underwriting FMX business – Non-Marine, Marine, Energy and Aviation
  • Q4- Expansion of treaty team, underwriting offshore and onshore Energy

2015

  • Q2 – Launches Surety Team, with an Italian and Southern European bond book