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The executive joins from Willis Towers Watson with more than 20 years of experience.
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Sellers Munich Re and Reale Mutua will continue to provide the MGA with capacity.
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Lloyd’s CEO Inga Beale has spoken frequently about technology underpinning global expansion. And it always looked slightly abstract.
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Lloyd’s is using technology to expand its 4,000-strong network of coverholders and boost growth outside its main markets.
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Hive Aero, the MGA specialising in aviation war business led by Bruce Carman, has launched with capacity of $50mn for any one aircraft from Beazley, Arch, Chaucer and Dale. . -
Envelop Risk, a start-up cyber MGA and analytics company, has named ex-Hannover Re underwriter Ari Chatterjee as chief underwriting officer.
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Commercial lines MGA Gresham Underwriting has signed a three-year capacity deal with Axa for £20mn ($28.6mn), the company announced in a Tweet.
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Hyperion would "absolutely" consider another transformative M&A deal following its $400mn investment from Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ), CEO David Howden has said.
