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The strategic investment supports Icen’s international ambitions. -
The Paragon-owned coverholder is known as a specialist in film insurance.
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Personnel movement has been high in the PVT class as new capacity enters the market.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
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The product offering is led by Rob Earrey and James Harris.
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The MGA will operate as an appointed representative of Davies.
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Sources said Insurance Advisory Partners is advising the fac MGA on the strategic process.
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CEO Rinku Patel said the move marked a “clear step change” in Pine Walk’s MGA strategy.
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Evercore has reached out to a combination of strategics and private equity houses.
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The binder will provide capacity for international fac property, power and onshore energy.
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