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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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The PRA, FCA and Society of Lloyd’s have agreed to the changes.
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The deal comes amidst an expected spell of M&A on Lime Street.
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Willis has been adding brokers to its aviation unit in Europe and the US.
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The availability of capacity remains the market’s key driver, the broker said.
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A roundup of all the news you need, including the CRC/Atrium deal.
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Bridges had been at QBE for 17 years.
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The challenge now is balancing top-line growth with underwriting discipline amid falling rates.
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The claims specialist spent 30 years at Amlin before joining TFP.
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The former Hiscox Re & ILS specialty underwriter starts on 7 July.
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A roundup of all the news you need, including David Turner's Mereo move.
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Rates continue to drop as capacity is ample, the broker said.