Interviews
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The insurer will focus on UK regional growth and opportunities in cyber for the coming year.
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The executive said that the fragmentation of the European market has proved a barrier to entry in the past.
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Syndicate 1200 CEO Graham Evans says growth will likely slow in 2025 as the market reaches inflection point.
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The reinsurance market is now in a healthy, stable condition, according to Gallagher Re.
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The executive said the market would soften during 2025 but would not drop through the floor.
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Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good".
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The executive said that capital, tech and algorithmic capabilities would help the structures endure.
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The broker facility is led by Beazley’s Smart Tracker Syndicate.
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The carrier has undertaken work to give it “optionality” for a public listing, but has no plans to list in the short term.
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The investment banker said the scarcity of attractive assets made the MGA market “red hot”.
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CEO Stef Raftopoulos said the company platform will let the operation reach a suitable scale.
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The carrier is set to start underwriting five new lines of business in the Lloyd’s market.
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