Amwins
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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.
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James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
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Amwins is working to build out its London underwriting business.
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Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.
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Sources said the brokers are in the final stages and could seal a deal in the next couple of weeks.
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Nick Abraham will succeed Nathan Mathis as CEO of the firm's London-based specialty distributor.
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Amplify is an automated follow-form facility led by Beazley's Smart Tracker Syndicate 5623.
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The market is expected to seek additional exclusions around systemic events.
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A deal would mark Amwins’ second LatAm sale, after Lockton acquired THB Brazil last May.
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Andrews is joining Hadron as international CUO, while Wallace joins Bell and Clement.
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Kelly was recently appointed to head up the product recall book at Axa XL.
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The MGA is looking to take advantage of trading in person.
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A deal would mark Amwins’ second LatAm sale, after this publication revealed that Lockton acquired THB Brazil last May.
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After the transaction completes, the employee shareholder group will own 40% of Amwins and remain the company's largest single shareholder.
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Brailey joined Amwins in 2011, and is currently divisional director, head of professional risks wholesale insurance.
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Natasha Catchpole previously headed up the product recall team at CFC.
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Nine mariners from the former Ed Broking brand have resigned from Ardonagh, as the broker continues its brand consolidation.
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Amplify will initially cover property before moving into other lines, such as financial and professional liability and cargo.
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Jackson is likely to be charged with a build-out beyond the three lines currently underwritten in London.
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High capacity and an ongoing faith in the financial system have mitigated against instant action from insurers.
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The wholesaler had already paid out a cumulative $2.1bn of dividends to investors since 2018.
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The appointment comes over a month after this publication revealed that Herrera has left his director position at Howden Specialty after over two years.
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Rhodian facilitates capacity and technology relationships for new MGAs.
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In the firm’s 2023 State of the Market report, it covered multiple classes, warning that for property (re)insurance in particular, inflation will likely continue to inflict pressure.
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It is understood that the circa £30mn-premium Roberts Armytage & Partners has a staff base of around 20.
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Mark Cody previously led the construction, treaty, property and binding authority teams for Amwins Global Risks.
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The intermediary is already a large recall player in the US.
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The executive has worked as interim CEO since Matt Crane left the business in September.
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Tom Graham joins from Apollo Syndicate Management, where he most recently held the position of US casualty underwriter.
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John Andrews and Tom Wallace will lead a team focused on aggregating and creating capacity across the business.
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The former Special Risk Underwriters president will be responsible for overseeing the underwriting performance of Amwins’ $3bn delegated authority business.
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Lindsey Davies joins from Lloyd’s of London, where she worked within the delegated authority team.
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COO Nate Mathis will become interim CEO of the firm's London wholesale broking operations.
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The recruits include Miller’s head of international casualty, Phil Johnson, and AFL’s head of international property and energy, Mark Ritson.
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CEO Matt Crane and AmWins chief Scott Purviance outline a “call to arms” revamp as the unit seeks talent and international growth.
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The broker said that it expects double-digit growth for most property syndicates for 2021.
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AmWins also highlighted the continued availability of “cheap” excess capacity from London cyber MGAs.
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Areas of significant hardening include property, casualty, US financial institutions, D&O, US EPL and aviation.
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The follow-only syndicate has carved up most of its 2021 capacity among leading Lloyd’s intermediaries.
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The new CEO distances the AmWins-owned broker from the Square Mile talent war.
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Two ILS leaders are working on a new launch with strategic broker and reinsurer alliances in place, sister title Trading Risk revealed.
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Covid-19 has led to a surge in potential exposure in what was already a challenged market.
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The former senior vice president at AmWins replaces James Abraham, who is retiring.
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Despite a smooth transition to remote working, Lloyd’s underwriters are focusing on existing clients during the pandemic, the broker warns.
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Mark Bernacki formerly served as head of global property at Beazley until April 2019.
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Former QBE executive Matthew Crane will take the helm at the AmWins subsidiary.
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Delegates were told that the industry needs to adapt to the changing global outlook.
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Total distributions to all shareholders over the last seven years will pass $1.1bn.
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Kaplan left his former company Swiss Re last month, this publication revealed.
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The merger with the Charlotte-based acquirer’s Stop Loss Insurance Services will create the US’ largest wholesale broker in the segment.
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Sources have suggested that Calera Capital remains in talks with a third party, but identity has been jealously guarded.
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Alycia Kiley will focus on building strategic relationships with the wholesale brokerage’s clients.
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The wholesale broker has hired or promoted seven individuals across its widespread operations.
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The Charlotte, North Carolina-based firm already does significant business in the railroad space.
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The deal is AmWins’ second MGA acquisition this month.
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The property underwriter joins former Argo colleague Neil Chapman at the firm.
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The AmWins CEO says clients have questioned Lloyd’s future.
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Public company management is forced to spend a disproportionately large time working on regulation, compliance and communicating to investors.
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The firm pulls in about $30mn in revenue and $215mn in controlled premium, according to industry sources.
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Overall pricing will likely stay flat despite carriers’ attempts to get increases of 5 percent.
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The appointment signals an intensified focus on supporting UK retail intermediaries, the broker says.
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The businesses will write on Argo paper.
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The former CEO for North America for Swiss Re Corporate Solutions will oversee 11 operating companies.
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Ko Bertelkamp joins the AmWins-owned broker as it expands on the continent.
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Odyssey Re CEO Brian Young says the segment “is not priced to perform”.
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Total payouts to investors over the past six years hit $615mn.
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Earthquake capacity continues to grow and is now at an all-time high, seeing the same ugly pricing as elsewhere in the property sector, according to AmWins.
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The launch follows RSG’s creation of a reinsurance MGU.
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Two executives join from LV=Broker to run the small business unit.