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K2’s CUO Parth Patel will serve as the SPA’s active underwriter as it was granted permission to underwrite for 1.1.
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The facility has expanded to cover construction and renewable energy risks.
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The CEO is looking to bring in external capital to support a new independent syndicate.
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Savannah Thompson is set to exit after eight years with the company.
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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 MGA has renewed its binder for 2026 with capacity from Lloyd’s.
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Justin Camara was EVP and portfolio director for financial and professional liability.
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He will join Gallagher as chief broking officer for EMEA transaction solutions.
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Mathew Bond will be joining as director of tax.
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PE, more alignment and tech are uncoupling MGAs from traditional market swings.
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Canopius will continue to be one of several capacity providers to the MGA.
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Icen said the hire supports its continued investment in developing a global M&A specialist.
