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CEO McManus vows broker “will not be silent” over “unlawful” competitor behaviour.
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The business wrote the deal through its recently established Lloyd’s syndicate.
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The executive will replace retiree Michael Miller.
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Some 700 colleagues will join the group as the German broker joins SRG’s shareholder roster.
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Loss assessment is at an early stage, but senior sources suggested the claim could surpass $1bn.
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In Partnership With VIPR SolutionsPaul Templar, Co-Founder & CEO of VIPR Solutions, explores the drivers of growth, key challenges, and future outlook for MGAs in 2025.
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In Partnership With SkywardJim Mormile, President of Professional Lines for Skyward Specialty, discusses AI, cyber risks, and industry challenges.
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The insurer has renewed separate three and five-year arrangements.
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Former Chaucer natural resources head James Brown joins as an advisor.
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The Moss Landing facility has previously faced major claims.
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The associate director is exiting the broker’s product recall team after 10 years.
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The company said the proliferation of new MGAs was “great news” for brokers and clients.