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The group is expecting to announce more M&A deals this year. -
The coverholder’s deal with SiriusPoint expired at 1.4.
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Chris Jones, Will Shepherd-Barron and David Clark will join the start-up.
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Allianz has previously entered several capacity arrangements with the MGA.
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The strategic investment supports Icen’s international ambitions.
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The Paragon-owned coverholder is known as a specialist in film insurance.
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Personnel movement has been high in the PVT class as new capacity enters the market.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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The product offering is led by Rob Earrey and James Harris.
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The MGA will operate as an appointed representative of Davies.
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Sources said Insurance Advisory Partners is advising the fac MGA on the strategic process.
