Dual
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Frank Masteling will lead the new business as head of trade credit. -
Starr and Axon also are among those exposed to the Marsh USA-placed $40mn line.
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The underwriter will relocate to the London market from Genoa.
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The new European A&H business will be led by Samia Baliad, who joins the company from Axa.
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Craig Miller most recently held the role of UK commercial director at Dual Oliva.
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Maria Borrego joins from QBE, where she was Europe deputy underwriting manager and head of financial lines.
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A roundup of all the news you need today, including Enstar EU’s new CEO.
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Scott Sayce will join on 1 September and report to David Harries, group director of underwriting.
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The hard market has not burst the MGA bubble – and now interest is on the rise again.
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Insurance Insider revealed this deal in January.
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The MGA has also hired Axa’s Rob Corner and IQUW’s Catherine Farnworth.
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Swiss Re will transfer its Genoa-based hull business to Dual Europe and provide the MGA with underwriting capacity.
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