Apollo Underwriting
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The facility would largely involve Lloyd’s companies but Apollo confirmed it could potentially include London company market firms on a reinsurance or sidecar basis.
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The business is being advised on the potential transactions by Howden.
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Founded in 2016, Moonrock provides coverage for larger commercial drone operations.
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Apollo said the appointment will further diversify its marine, energy and transportation division.
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The MGA plans to build up its presence within the Lloyd’s market.
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Rate growth in the construction market is beginning to stabilise after a lengthy period of hardening.
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Kate Foster brings more than 20 years' experience and joins from Beazley.
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Apollo ibott, Aioi Nissay Dowa Europe and Marsh teamed up to arrange the placement for a driverless vehicle journey in Europe, the first of its kind.
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The new group CFO will be responsible for bolstering Apollo’s growth and developing its financial strategy.
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The partnership ups Mosaic’s North American M&A liability capacity from $41mn to $50mn.
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Martin Jackson joins from the HDI Group, where he was head of aviation and space.
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The carrier said the deal would support continued growth in its “hybrid model”.
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