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The executive left his position in November last year after just seven months.
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The Lloyd’s coverholder wants to capitalise on a contraction of capacity in the class.
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A recent private equity acquisition valued the broker at around 15x Ebitda.
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Stabilis is a UK MGA providing private motor insurance.
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Humphreys co-founded Markerstudy in 1997.
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Ascent CEO David Umbers moves to an executive chairman role at the combined entity.
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Last week, this publication opined on a potentially straightforward solution to London’s operating expense problem.
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Certa Insurance Services is thought to be the first tax insurance-focused MGA in the London market.
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The David Ross-led group has created a new unit to overhaul the placement of the £3bn-plus of business it controls
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A Lloyd’s excess of loss policy will make up the remainder of the MGA’s $500mn line size.
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The InsurTech plans to develop products for the international market.
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Andy Corton will join the carrier’s marine operation.