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The hires are the latest in an Aquiline Capital and Abry Partners-backed diversification effort.
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Willis Re’s Michel den Boer has been named as managing director for treaty broking in the Benelux region.
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Gross written premium (GWP) analysis of 2020 Lloyd’s syndicate accounts shows the Corporation permitted an element of growth to a wider group than just the top performers of the market over the course of last year.
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The fee will be charged to 295 insurers and 50 managing general agents, with the test case participants exempt.
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Claims from Winter Storm Uri will cost the carrier about $43mn, before tax.
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Lisa Hiscock briefly worked as the underwriting head for Arag Services Australia and prior to that worked at Axa XL for around five years.
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The MGA will cover power, mining, chemical processing industries and public and private building sectors and civil infrastructure risks.
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With around 50 members of staff across the business, the divestiture is not expected to significantly alter the competitive landscape.
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The broker continues its European expansion with a EUR350mn-premium business.
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Most of the loss comes from BI, with the remainder split between physical damage and extra expenses.
