Behind the Headlines: David Croom-Johnson on writing Mereo’s first $100mn of premium
Insurance Insider - Behind the Headlines
<p>Why have reinsurance start-ups remained so rare in recent years, even as underwriting conditions have improved?</p>
<p>Mereo Advisors is one of the few carriers to successfully raise capital, although Mereo Insurance CEO and CUO David Croom-Johnson told <b>Behind the Headlines</b> that the process was at times “torturous”.</p>
<p>Croom-Johnson explains how the business has now written its first $100mn of business, and how he aims to build a diversified portfolio to weather market cycles. And although he sees “great attractions” in the Lloyd’s market, to begin with the business will focus on building as a Class 3B Bermudian reinsurer, without the distraction of launching a syndicate.</p>
<p>Plus, <b><em>Insurance Insider</em></b> editor Fiona Robertson discusses what Donald Trump’s tariffs might mean for the sector.</p>