-
The firm is led by the former executive team of MGA Medici Facultative, headed by Henrik Webster. -
The MGA provides coverage to SMEs in the food, hospitality, leisure and hotel sectors.
-
The business has hired former AGCS aviation underwriter Alistair Blundy as CEO.
-
The hires will support the MGA’s recently launched cyber product in partnership with Travelers.
-
The MGA has $15mn of capacity to underwrite UK public corporations and plans to expand into the US market.
-
James Kench has over 14 years’ experience in global (re)insurance broking, climate risk and portfolio management.
-
Nirvana Risk Partners was founded by Rob Jones in 2017 as a division of Castel Underwriting Agencies’ MGA formation platform.
-
Reinsurance renewals were more orderly than feared and business plan resubmissions have a positive weighting.
-
The MGA’s international platform hopes to bring in MGA underwriters looking for US expansion.
-
The executive didn’t provide a target for the number of investments it expects to keep, but said SiriusPoint will not be an active acquirer in the near term.
-
Argenta will be a cornerstone capacity provider to new MGA Casper, which will write $100mn in year one.
-
The insurer has previously attempted a range of different options to manage down cat losses from the book.
Most Recent
