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Volante joins capacity providers Allianz and Tokio Marine Kiln. -
Syndicate 1947 is gearing up to expand its marine reinsurance portfolio.
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The business is one of the first to sell in this round of Lloyd’s M&A.
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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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The challenge now is balancing top-line growth with underwriting discipline amid falling rates.
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Carriers expect a rise in the severity and frequency of claims over the next two years.
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The MGA has been through a remedial exercise under Acrisure’s ownership.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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There has been an uptick in UK retail firms buying cyber after a string of attacks.
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The awards will be held on 3 September at The Brewery in London.
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Last month, Combarro announced his exit on LinkedIn after 17 years at Lockton.
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The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
