Fidelis Partnership
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The carrier has also added AIG’s Alice Hawkins to its aviation unit. -
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Nadia Beckert joined the carrier as an underwriter in 2021.
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CEO Rinku Patel said the move marked a “clear step change” in Pine Walk’s MGA strategy.
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The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.
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Good ESG practices are part of good risk management, the company said.
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The business wrote the deal through its recently established Lloyd’s syndicate.
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The firm has added net headcount of 140 people this year, including hires into its incubation platform Pine Walk.
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Jamie Cann, previous head of aviation and space at the Fidelis Partnership, also joined Axa XL.
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Staff movement in the class of business is high as new carriers launch into the space.
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Former international re head Beckert becomes group property re head.
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The MGU said the refinancing allowed it to address a low leverage ratio and reward staff.
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