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Allianz News
Latest News from Insurance Insider
The former civil servant joined the Corporation in October 2021.
M&A
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
Jo Smart has worked for Torus and Aegis during his two decades in the market.
West Hill Capital is the main investor in the capital raise.
Volante launched Syndicate 1699 in 2021.
The aviation market has experienced a run of large losses this year.
M&A
The business has been ~70% owned by White Mountains since January 2024.
Plus, the latest people moves and all the top news of the week.
Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
The executive has worked at Aon for almost two decades.
Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
Stephan Simon left BMS in June 2024 after almost three years in the role.
High capacity is adding to competition in the upstream energy space.
The firm offered W&I cover with capacity of up to £16mn per transaction.
The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
M&A
Spectrum joins investors ForgePoint, Hudson and MTech.
Stephen Ridgers is leaving his current role as head of construction midcorp at Allianz Commercial.
Other MGAs in the transactional-liability class are also expanding into the US.
The MGA secured a “significant strategic investment” from Zurich earlier this year.
Cyberattack/data breach remains in the top slot.
Kantara now holds a majority stake in the MGA, with the rest held by employees.
M&A
Current backer JC Flowers will retain its holding and the cash will fund a Bermuda acquisition.
New sources of capacity lack the expertise to service rapidly developing clients.
Abbas Juma has spent more than seven years at Howden M&A in various senior roles.
The upcoming Lloyd’s Lab cohort 16 will include a dedicated Irish theme.
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