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Clarke and Delchar, who were instrumental in building Marsh Fast Track, will lead the launch.
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Miller said the purchase would be its most significant since returning to independence in 2021.
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The offering will provide D&O, professional indemnity/errors and omissions, crime and cyber cover.
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Parker has worked at Ardonagh-owned Paragon since 2012.
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Parker headed up the special risks division.
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A roundup of all the news you need, including the resignation of Darag’s head of UK M&A.
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Gay has spent more than two years at Mosaic, having joined in November 2022.
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The council has begun gathering data to assess the insurance impact.
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Aon saw lower rates in reinsurance as capacity outstripped demand.
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The company’s reinsurance business also has some exposure, the executive said.
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The MGA and 49% owner SiriusPoint could bring in a new investor.