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The division reported revenue up 10.4% at A$204.2mn.
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The departures come after long-serving MD Andrew Hills left the business last year.
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An increase in tonnage from new and existing members drove up income.
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PIB’s broadened sale process is symptomatic of wider investor sentiment around brokers.
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The MGA launched last October with a B.P. Marsh investment.
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This publication revealed the appointment earlier today.
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Westfield Specialty has experienced high turnover in its London market operations.
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The appeals court has ruled that composite policies provide multiple limits.
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The broker’s current Australia and Asia CEO starts her new role on 1 July.
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The carrier recently started underwriting construction in Lloyd’s through Probitas.
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The broker is understood to be seeking a consideration of £3.75bn+.