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Raoul Carlos will lead the specialty “centre of excellence”, with the MGA platform also creating two other dedicated hubs.
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The coverholder is the first multi-line, independent MGA to be incorporated in Bermuda.
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Confirmed lines of business for 2020 have capacity of more than £150mn.
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The Japanese-owned carrier teams up with Hiscox to provide capacity to former chief equine underwriter David Ashby.
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The executive, who joined the firm in 2016, is looking for opportunities in the dedicated MGA and underwriting sector.
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The Bermuda-based start-up run by Lefebvre, Lucking and Weston receives regulatory approval.
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The fundraising brings its total backing to around $45.8mn, according to Crunchbase.
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LMA and Lloyd’s say the exercise will begin around March or April this year.
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Former Generali UK manager and head of financial lines hired.
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Newbridge founders Kirby and Buchanan are to move with immediate effect.
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The rebrand comes as the MGA enters 2020 with an increased line of £100mn.
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Group underwriting director Graeme Rayner, CFO David Foster and COO Simon Gaffney are all to leave the firm.