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The new hire joins from Axa XL, with a background at Hiscox.
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Fontana investors will face a short lock-up period in the sidecar’s ramp-up phase, but thereafter there will be some “embedded liquidity.”
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Negotiations were dragged out by decisions being referred for sign-off at senior levels.
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Joe Murphy has left his senior underwriter post to join the Ryan Specialty Group-owned MGA.
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The liability chief started her career with Endeavour in 2009.
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Tom Graham joins from Apollo Syndicate Management, where he most recently held the position of US casualty underwriter.
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Plus a new London SPAC, CII criticism and all the week’s top news.
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Covid-19 losses materially impact the property market, but the marine, aviation and transport segment returns to profit.
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The New South Wales inundation is the first major flood event in the state in a decade, prompting reinsurance fears.