Miller
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Argenta became the latest carrier to withdraw from marine hull business towards the end of last year.
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The practice leader had overseen the London arm of the RSG Underwriting Managers cell since 2018.
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Former Aon broker Charlie Simpson will lead the broker’s platform in Bermuda.
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Miller CEO Greg Collins has pledged to expand the business internationally as its takeover by private equity firm Cinven and Singapore sovereign wealth fund GIC completes.
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Both private equity deals were vetted under simplified EU merger procedure.
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Katie Small, Nick Gavin Powell and Michelle Suckling are set to join the business in the second quarter of this year.
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The retro specialist joins the firm as it prepares to expand its reinsurance interests after spinning out of Willis.
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Economic headwinds combine with high valuations to create greater impetus for intermediary sales.
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The broker is committed to expanding in A&H, especially in European markets.
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The broker spent almost 18 years at JLT and its successor entity.
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The follow-only syndicate has carved up most of its 2021 capacity among leading Lloyd’s intermediaries.
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The exec was speaking after the broker was acquired by Cinven and GIC in a multi-hundred million deal.
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