Optio
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The specialty MGA has been pursuing an M&A strategy in recent months. -
The specialty MGA is being watched closely by PE houses for signs of movement on a sale.
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The executive said that the fragmentation of the European market has proved a barrier to entry in the past.
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The underwriter will manage and develop the MGA’s professional indemnity portfolio.
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He will be responsible for originating European acquisitions as part of the MGA’s global expansion plans.
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The political violence market has seen a flurry of new entrants in recent months.
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The MGA aims to capitalise on the growth and maturation of the continental MGA sector.
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The MGA was without backing since March 2023, after Markel and Chaucer pulled their PVT paper.
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The incoming A&H head brings over 22 years' underwriting experience.
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The underwriter will be reunited with former colleague and current head of terrorism, political violence and war, Andy Bauckham.
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