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Transactional risk head Smith has spent the last six years at Acquinex in various senior roles.
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High-net-worth binders and treaty exposures will bring significant claims to Lloyd’s writers.
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The broker said the market had entered a ‘new normal’ after $2bn+ losses
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The pair have joined from Ryan Specialty Group’s Castel.
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The political violence market is in a competitive stage thanks to an influx of capacity.
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Behind Axa XL, Convex wrote a 9.5% line on the all-risks reinsurance programme.
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The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
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The MGA can now put down $200mn lines in the niche aviation war class.
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The broker partnered with Ukrainian carrier ARX and Lloyd’s Lab InsurTech FortuneGuard.
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It is understood that supporters include Munich Re and Brit.
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Alex Haines also previously held roles at WTW and Mapfre.
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The upstream market is now in softening territory, with capacity still abundant.