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The former civil servant joined the Corporation in October 2021. -
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
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Jo Smart has worked for Torus and Aegis during his two decades in the market.
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West Hill Capital is the main investor in the capital raise.
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Volante launched Syndicate 1699 in 2021.
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Improved performance and growing investment returns played a role in the upgrade.
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The aviation market has experienced a run of large losses this year.
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The business has been ~70% owned by White Mountains since January 2024.
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A roundup of all the news you need, including the latest Behind the Headlines podcast.
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Plus, the latest people moves and all the top news of the week.
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Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
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Inigo CEO Richard Watson said the team is ready for its “second album”.
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