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Parker has worked at Ardonagh-owned Paragon since 2012. -
Gay has spent more than two years at Mosaic, having joined in November 2022.
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The council has begun gathering data to assess the insurance impact.
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The company’s reinsurance business also has some exposure, the executive said.
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The MGA and 49% owner SiriusPoint could bring in a new investor.
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Jason Hart, head of proactive cyber, was also promoted to managing director.
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QBE remains the lead insurer for the vehicle.
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The broker added reinsurers remain cautious on US casualty risk.
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Amie Townsend will be responsible for developing Beat’s UK and Europe platform.
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This follows a ruling to declass the representative proceeding filed against IAL.
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The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
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Keese is also investing in the company alongside its existing partners.
