Acrisure
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As the curtain comes down on the millionth Monte Carlo Rendez-Vous, and the prices in the cafes and restaurants are presumably reset to their customary levels, the conference has again done its main job.
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Our virtual roundtable polled senior industry figures on the biggest questions facing the reinsurance industry. Today, we look ahead to the influences steering M&A market conditions.
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Modus will continue to operate under its existing brand and management team and become part of Acrisure UK MGA, under the terms of the acquisition.
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The (re)insurer also appointed Thomas Deane as head of investment banking.
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The company will operate under a single brand as it moves away from its prior reputation as broking’s arch decentralizer.
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Unilink is the largest broker in the region, with 1,300 staff providing a range of life and non-life products.
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Jennifer D’Arcy will be responsible for building out the carrier’s fac strategy for North America from London.
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The appointment of Chris Jones comes amid wider staff movement among Ardonagh’s intermediary firms, as the group consolidates its array of brands.
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The executive spent 19 years as head of Willis Germany and Austria.
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Affinity will maintain its current brand and management team.
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The appointments come after a slew of acquisitions, with many executives from acquired entities taking senior roles.
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Boyd joins from Allianz Risk Transfer, where he spent nearly 14 years, most recently as CUO.
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