Amwins
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The facility has expanded to cover construction and renewable energy risks.
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Plus, the latest people moves and all the top news of the week.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The MGA will also launch into cyber in 2026, adding to its property and marine lines.
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The market is “extremely competitive”, with several launces from MGAs and syndicates expected.
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Plus, the latest people moves and all the top news of the week.
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The Jay Rittberg-led program manager kicked off a strategic process in August.
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Howden is facing fallout from its push into the US retail market via mass hires.
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The executive has worked at RFIB, Benfield and Guy Carpenter during his 30-year career.
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Each of the new participants is already invested in portfolio underwriting.
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Recent weeks have seen a string of facility launches and capacity increases.
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Gabriel Ewing has held senior roles at WTW in the transactional risks team and at Marsh.