Start-ups

Aon will manage the captive, while Marsh is placing excess insurance for the digital currency platform.

The embattled MGA’s COO is to resurface at the broking start-up.

David Carter has 30 years of industry experience and has worked at Travelers and The Hartford.

CEO Julian Teicke said the new hub will become the “most interesting and most profitable” part of their business.

Broking start-up set to hit 1,000 clients in 2020.

Former Brit vice president Yesid Rodriguez launches a construction and property coverholder.

The initiative is offering $25mn capacity per risk and will cover assets from before launch to their operation in orbit.

Surround executive Kate Terry blamed the capacity drought on an earlier generation of start-ups during an event in New York.

The business was established as a JV by Willis and Pembroke in 2012 after change in Lloyd’s rules.

The start-up aims to grow to £25mn revenue within five years.

The company will also provide consultancy and analytics services.