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Lloyd’s capital has several attractions to the MGA segment if it can manage the operational hurdles.
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The executive has had a 40-year career at AIG, Berkshire Hathaway and Lloyd’s.
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The syndicate will focus on writing non-cat delegated authority business.
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The approval allows Davies to extend its UK broker incubation platform in Europe through Brussels.
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Expectations of what “walking the walk” means for leaders have risen.
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A selection of the top stories from the week.
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The new appointee will need to help juggle competing demands.
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Sources also named Mark Cloutier as a long-shot potential candidate for the position.
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The new hire spent two years as head of member services at Lloyd’s.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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Resulting lowered expenses could feed into Lloyd’s ambitions of building a £100bn premium market.
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K2 plans to put $10mn-$20mn into the new syndicate, with third-party investors teeing up to fund the rest.