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The company launched into the contingency market in the wake of the Covid-19 pandemic.
The trade body sent an open letter to the UK Chancellor ahead of her Mansion House speech.
The executive has spent 13 years in the broker’s marine division.
Claims chiefs are caught between technological advancement and waiting for phase two
Last year, the firm obtained a Class 4 license in Bermuda.
A representative from the carrier said Nexus is responding “with urgency”.
Patel has run the MGA platform since its launch in 2017.
Dan Prince said the firm will work with brokers’ existing relationships.
Plus, the latest people moves and all the top news of the week.
The executive said there was an ‘active cross-sell culture’ across The Fidelis Partnership.
BP Marsh announced its backing of Amiga, which is led by Adam Kembrooke, last month.
The MGA is expected to launch a product-recall portfolio in September.
Apax and Carlyle will continue to back the broker consolidator.
The start-up aims to bind its first risk in Q4 2025.
In the US, the index fell 6.7% year on year.
Cultural transformation, education, and leadership are also essential to creating safe workplaces.
Despite predicting fewer hurricanes, the numbers are still above average.
Luke Tanzer is set to retire after 16 years at the helm of the run-off carrier.
Volante joins capacity providers Allianz and Tokio Marine Kiln.
Syndicate 1947 is gearing up to expand its marine reinsurance portfolio.
The Cathal Carr-led carrier has been building its team since launching this year.
The new roles will oversee property, specialty and credit.
The reinsurer said US president Donald Trump’s policy was already impacting investment.
Parent Aventum said co-CEO Paul Richards remains with the business.
Competitor news
Financial news
Financial news
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The new capacity will be welcomed by brokers and clients as conditions continue to harden. -
Bermudian’s Lloyd’s platform to begin underwriting class by early 2021.
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Watford is liable for a $18.6mn fee if the Arch deal is terminated.
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From our other titles
From our other titles
From our other titles
From Insurance Insider US
Allianz seeks to double Americas premiums in five years: Williams
The global carrier plans to hire around 300 people in the next several years in the Americas and has already filled 60 roles thus far.
From Insurance Insider ILS
Mercury’s wildfire cat bond among upsizing July deals
Some $400mn of bonds priced in the past week, after a record-setting H1.
From Insurance Insider ILS
Members Capital launches first ILS fund to accept stablecoin
The fund’s ILS portfolio is split between 70% property cat and 30% cyber risk.
From Insurance Insider ILS
Swiss Re’s nat cat premium volumes flat in renewals year to date
The reinsurer had $2.8bn of natural catastrophe business up for renewal in the year so far.
From Insurance Insider ILS
Conduit Re will ‘invite’ third-party investors as it expands ILS over time
The reinsurer has already dipped into the cat bond market with its Stabilitas Re retro deals.
From Insurance Insider ILS
Florida rates likely to remain stable through 2025: HCI CEO
With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
Insurance Insider US provides robust insights, sharp analysis and exclusive news on the London and global (re)insurance markets.
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