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The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
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The newly established wholesaler is building out its staff base.
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The underwriter departed Allianz earlier this year.
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The broker has started hiring in London, taking Tysers D&O specialist Dan Lovett.
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The broker will join Ron Borys’ financial lines team.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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The Jay Rittberg-led program manager kicked off a strategic process in August.
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The broker will report to Howden US CEO Mike Parrish.
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A Lloyd’s consortium led by Beat Syndicate 4242 backs the MGA.
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The carrier is planning a limited relaunch into the UK D&O market.
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The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
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Ariel Berman joined the company as head of specialty in 2023.
