Acrisure
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The executive spent 19 years as head of Willis Germany and Austria. -
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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The company, valued at $23bn in May, intends to use the facility to fund future acquisitions and related fees and expenses.
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Acrisure’s Flux syndicate will be a test case for a broker’s presence at Lloyd’s, one which rivals will watch closely.
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The scheme aims to fill the gap left when private sector carriers exited the market following the Grenfell disaster.
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Insurance Insider selects 10 exclusive news stories reported by our team on the frontline at Monte Carlo Rendez-Vous.
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The launch will allow the Lloyd’s market to access a greater proportion of Acrisure’s $32bn managed premium.
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The executive was responsible for all types of legacy transactions, from structured adverse development cover to LPTs.
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The new recruit joins from Guy Carpenter and has worked at JLT Re and Willis Re.
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The property reinsurance underwriter had joined Axis Re’s London team three years ago.
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