-
The executive is charged with defrauding investors out of nearly $500mn. -
A Lloyd’s consortium led by Beat Syndicate 4242 backs the MGA.
-
The executive has run the MGA platform since its 2017 inception.
-
Neil Ross was also appointed CUO for the broker’s MGA.
-
The MGA is also looking to build out its US mid-market professional liability expertise.
-
Carriers are rethinking the traditional renewal-rights model.
-
The Ryan Specialty renewables MGA launched an international arm last year.
-
Pryor-White founded Tarian Underwriting, which was sold to Corvus in 2022.
-
It comes as the MGA expects to write more than $1bn of premium in 2026.
-
The underwriter has worked for Markel in Singapore since 2020.
-
The carrier has renewed and extended its capacity arrangement with the MGA.
-
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
-
West Hill Capital is the main investor in the capital raise.
-
The business has been ~70% owned by White Mountains since January 2024.
-
The firm offered W&I cover with capacity of up to £16mn per transaction.
-
The MGA secured a “significant strategic investment” from Zurich earlier this year.
-
Kantara now holds a majority stake in the MGA, with the rest held by employees.
-
The vehicle will now cover an E&S program jointly launched with Accredited.
-
The company will continue its capacity partnership with the MGA until 2030.
-
The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
-
This will be Fidelis’ first office in North America and will be led by former Navigators Re head Ivan Vega.
-
MGA Amiga Specialty launched in May, with backing from investor BP Marsh.
-
The market turn may give some staff pause for thought, but reward remains high.
-
The change in reinsurance intermediary follows an RFP for the account.
