Munich Re
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The appointment precedes a fundraising drive by the blockchain body, which was incorporated as a Swiss company in March.
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The InsurTech cyber underwriter is licensed as an MGA in 50 states.
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Over the past five years, vehicles that outsource underwriting to other companies have formed one of the fastest-growing segments of the ILS market, from a standing start.
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She is replacing Frank Bonner, who will retire after 40 years with the company.
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Spinnaker is providing the InsurTech with the capacity to write homeowners' and condo cover.
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InsiderTech Silicon Valley attendees also told to expect further wave of failures.
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The German carrier sweetens its full-year P&C reinsurance combined ratio forecast.
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Sellers Munich Re and Reale Mutua will continue to provide the MGA with capacity.
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Companies providing medico-legal services ran up “tens of millions of pounds” of debt to Munich Re-owned insurer DAS, a court heard today.
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Syndicate 457 is targeting top and bottom line growth of 10 percent this year, aided by price increases and a rise in premium from recently added lines, according to Munich Re Syndicate Limited managing director Thomas Artmann.
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Arch Credit Services will help the carrier evaluate mortgage credit and underwriting advisory services related to its involvement in programs run by Fannie Mae and Freddie Mac.
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The forecast earnings are up sharply from the EUR557mn the German carrier reported for the same quarter in 2017.
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