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Plus, the latest people moves and all the top news of the week. -
Giles has spent more than five years at Themis Underwriting.
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From aviation claims to retention challenges, underlying dynamics will take time to play out.
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The deal is expected to result in $700mn in combined GWP in Florida upon completion.
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Lenders include Morgan Stanley, Permira and Bridgepoint.
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An M&A senior analyst and M&A underwriter for emerging markets are also set to depart.
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The MGA has set a "new market benchmark" for non-US primary tax risk, it said.
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The company, however, sets a high bar on making a move.
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The carrier M&A cycle has started and reinsurance is a segment where acquisitions work better.
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The CEO said the AHJ acquisition brought a ‘step change’ to Miller’s reinsurance growth.
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It is understood that CyberCube has been considering a sale of the business.
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The insurer has been under review with positive implications since March.
