Inigo
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The Richard Watson-led carrier has continued to broaden its suite of products since launching at the start of 2021. -
The rapid cooling of the US SPAC and de-SPAC market could also prove fertile ground for the plaintiff bar.
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The new lead underwriter has almost 30 years’ experience including stints at Chubb, Faraday and Howden.
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Atrium aviation war underwriter David Langran has resigned to join expansive start-up business Inigo, Insurance Insider can reveal.
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Inigo 1301 achieved the greatest scale of the new syndicates, writing $428mn of business.
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The start-up said its survey shows that SPAC and de-SPAC claims would drive increasing litigation throughout 2022.
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The Richard Watson-led carrier will enter a class that has undergone a period of substantial rate rises.
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David Howden lamented the lack of start-up brokers in the market at Insurance Insider’s London Market Conference.
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The business began underwriting at the beginning of 2021 following an $830mn capital raise.
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The latest Plane Talking report also highlights that The Hartford and Inigo are finalising preparations to enter the airline market.
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The start-up CEO said the carrier was now “categorically” ready to pursue Names backing as it looks for “significant growth” next year.
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