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Toby Gorman will be responsible for managing a portfolio of North American property binder business. -
The former Dual CEO will run a unit in the same stable as the private equity firm’s broker, Oneglobal.
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The underwriter will also play a part in upskilling upstream underwriters with knowledge of renewables.
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The appointment of Nicholas Stevens follows Occam’s acquisition of terrorism-focused MGA Beech Underwriting, an approved Lloyd’s coverholder.
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The fundraise will support collateralised reinsurance deals with the firm initially targeting Californian wildfires.
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The confirmation comes after the intermediary agreed to buy two books of business from Parker Norfolk.
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OPEnergy will be the second MGA to launch on the platform this year, after Navium Marine was founded in April.
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The insurance product is set to launch in Jamaica, the US Virgin Islands, the Bahamas and St Lucia in 2021, with further expansion planned for 2022.
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People movement is picking up in the sector, which is experiencing broadly stable rating thanks to ample capacity.
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David Robinson will work in a senior business management role and report to CEO Matthew Fosh.
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Experienced underwriters Patrick Comerford and Clive Moore left Pioneer after it failed to secure PL paper for 2020.
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ICEYE’s fleet of satellites will offer data insights into areas where coverage is impeded by data limitations.
