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Ten days ago, I said that Pioneer CEO Andrew McMellin would need to pull a Houdini act to find the capital to keep Syndicate 1980 going.
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The PE-backed company draws its top team from Hemispheric Re.
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The MGA’s aviation team now comprises 15 underwriters.
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Gary Kitchen joined Worldwide Facilities as part of its RIC takeover in 2018.
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The company will also provide consultancy and analytics services.
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Capacity will be led by Swiss Re’s US operation, which underwrites 51 percent of the quota share agreement.
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Since we broke the news in August that Liberty was set to pull all of its capacity from Pioneer’s Lloyd’s syndicate, there have been question marks around what the MGA-cum-syndicate would look like in 2020 – and even over whether it would be able to trade forward.
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The finale of the US managing general agency (MGA) conference was a casino night, put on by the claims giant Sedgwick.
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The Los Angeles-based company serves the habitational, commercial and hospitality sectors and community associations.
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Great American replaces Axa-XL as a paper provider for the AJ Gallagher-owned marine managing general agent.
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Property fac-focussed Brickell Underwriting Agency will open in early November and begin writing risks from 31 December.
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Trust Lime Street not to go ‘past a certain point in the distribution chain’, the Ascot Group CEO said.