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The Lloyd's CEO says the fast-track entry route to markets could benefit MGAs. -
In a Clyde & Co survey of MGAs, 61 percent said they would seek more capacity over the coming year.
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The underwriter was head of the North American property binders business at Axa XL.
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The Shard-based society has also launched a medical malpractice MGA with paper provided by Everest Syndicate 2786.
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Marc van der Veer will help continue the strategy of buying niche European specialty MGAs.
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The portfolio underwriting specialist is latest scalp for start-up.
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Themis becomes the third UK vehicle established by David Thomas' MGA platform.
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In his new role, Andrew Souter will be responsible for capital and reinsurance purchasing.
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The MGA brought in company market paper to support a plan to expand premium by 25 percent to around $500mn over 12 months.
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The executive replaces Karl Hennessy, who left to join McGill & Partners.
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Lloyd’s remains the MGA’s largest capacity provider.
