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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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In Partnership With Falvey Insurance GroupJack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.