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The carrier is launching a dedicated auto-follow unit within its DA practice.
The company has also promoted Alex Baker and Tim Duffin.
Western insurers do not insure Iranian risks, with the country subject to sanctions.
The start-up has hired four people to join the division.
The £3.7bn deal was announced in December.
Holschneider co-founded the firm and is currently executive chairman.
The carrier has scaled up its international insurance offering in recent years.
The reinsurance division booked 29% growth for the fiscal year to 30 April 2025.
The Lloyd’s business secured a $90mn investment from Alchemy in 2021.
The broking CEO was honoured for services to the insurance industry.
Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
The managing agent for Syndicate 609 has been involved in an M&A process this year.
Nick Line has spent 28 years at Markel, where he has been CUO since 2018.
Phil Furlong has been made head of underwriting and oversight, a newly created role.
The executive said the MHA model is here to stay and offers an “immense value”.
CEO Caroline Wagstaff called for a “tailored and proportionate” approach to regulation.
The executive brings nearly 30 years of liability experience to the role.
The pair is looking to provide investment and strategic advice to early-stage firms.
Sources told this publication the hull of the aircraft is valued at $80mn.
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
Neil Nimmo was CEO and chairman at Lockton International for more than 16 years.
In April, the loss modeller pegged losses at A$2.57bn.
Brokers across London and Bermuda have handed in their notice to join the start-up reinsurance broker.
Howden recently expanded in South America with the takeover of Contacto and Innova Re.
The former Volante chief is in initial talks with several parties.
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Financial news
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The Bermuda-based team is led by John Fletcher. -
In Partnership With MarkelInsurers could face a “heightened claims exposure” due to increased regulation scrutiny on the fintech industry, including buy now pay later schemes, AI and crypto, said Nick Rugg, Head of Fintech and Investment Management Insurance for Markel International.
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The purchase aims to bolster Markel’s marine product line in the Asia-Pacific region and EU.
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