Acrisure
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The fund has signed up Oliver Hemsley and Peter Montanaro to its board. -
The CEO is looking to bring in external capital to support a new independent syndicate.
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Canopius will continue to be one of several capacity providers to the MGA.
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This publication revealed Volante was in talks with legacy players last month.
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Lloyd’s investment vehicles have been shelved in past years but a strong run of returns is creating interest.
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Joel Hodges will run the international business as managing director.
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The aviation market has experienced a run of large losses this year.
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The MGA has been through a remedial exercise under Acrisure’s ownership.
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Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
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Peter Montanaro retired from his role as market oversight director at Lloyd’s in May.
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Last week, TSR updated its forecast and is now predicting above-average storm activity.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
