Beat Capital
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The MGA is one of the start-ups to have joined the D&O market since the dramatic change of conditions in 2020. -
The new hire will serve as president, reporting to US CEO April Galda Joyce.
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The founder said that taking a perpetual ownership approach rather than having an eye on exits would create better underwriting returns.
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Tegron is one of several new entrants to the market, easing pressure on capacity in the D&O sector.
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Tegron Capital will launch in July and focus on excess-of-loss cover for publicly traded companies.
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The new partner is a former COO of Ariel Re and Goldman Sachs banker.
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Beat Capital-backed MGA Chord Re has appointed CUO Tom Meyer as CEO, as incumbent Stefan Long moves to become executive director.
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