Fidelis Partnership
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Oliver Dlugosch spent 20 years at Swiss Re before it exited aviation this year.
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Insurers must avoid being a “blocker” in development and financing decisions.
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The consortium will target excess layers, providing $250mn of capacity.
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The syndicate is expected to write ~$300mn of business in 2026.
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The executive has run the MGA platform since its 2017 inception.
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The move comes as the broker rebuilds its Bermuda team.
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The business has ramped up its underwriting volume since launching in Lloyd’s last July.
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The business said it was experiencing strong momentum on the Island.
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Pine Walk has grown substantially and is on course to write $1.2bn of premium this year.
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Connor O’Riordan has served as chief capacity officer and group head of corporate finance.
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Nadia Beckert was promoted to Bermuda CUO in March.
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The company launched into the contingency market in the wake of the Covid-19 pandemic.