Marlborough forms property unit at syndicate

Flagstone subsidiary Marlborough Underwriting Agency, owned by Bermuda’s Flagstone, has recruited a team to write a worldwide property account, initially as part of syndicate 1861. For the 2010 year of account, Marlborough plans to form a new mixed capital syndicate, number 1969, to provide most of the capacity for the new division. Leading the team is Nick Jones, formerly with Heritage.