Vibe Syndicate Management is a Lloyd’s managing agent, the principal business within a multinational non-life insurance and reinsurance group. Vibe manages Syndicate 5678 at Lloyd’s. Syndicate 5678 was established in 2007 and became one of the leading providers of legacy solutions through Reinsurance to Close (RITC) of open years. In 2011, the Group expanded into the UK company market with its acquisition of Inceptum Insurance Company Limited (formerly HSBC Insurance (UK) Limited), which consolidated the Group’s leading position in the run-off market. In May 2014, RITC Syndicate Management Limited changed its name to Vibe Syndicate Management Limited to mark the next stage in the company’s history. In July 2014, Vibe received permission from Lloyd’s to begin underwriting live business which grew to include a broad range of insurance and reinsurance business, including Accident & Health, Financial Institutions, Professional Indemnity, Accident & Health Treaty, Casualty Treaty, Property Treaty, Property Direct & Facultative, Specialty Treaty and North American Specialty Programs. On 8th November 2019, the board of VIBE Syndicate Management (“VIBE”), announced that, effective 31 December 2019, Syndicate 5678 at Lloyd’s will be placed into a planned runoff.