Service provider
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The system is designed to pay claims faster as well as improving capital efficiency.
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The transaction is Davies’ largest strategic M&A addition to date.
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The federation, FASE, aims to connect all participants to provide a voice for European MGAs.
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The company and its main debt provider Ares agreed to relax its debt terms in April.
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The hire will lead the firm’s UK and Europe operations.
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Julia Graham played a key role in the UK's introduction of captive-friendly regulation.
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Spectrum joins investors ForgePoint, Hudson and MTech.
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The executive has been with ASG since it was formed in 2016.
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The economic loss from the event was around EUR7.6bn.
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Losses were primarily driven by personal property lines.
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The tech firm is building a joint stock company with insurers and investors.
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A survey from PwC described the sector as “stable”, “evolving” and “dynamic”.