SiriusPoint
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The MGA writes management liability, professional indemnity, crime and cyber risk. -
The Bermuda-based (re)insurer currently has an A- long-term financial strength rating and a BBB long-term issuer credit rating.
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Bobby Heerasing was most recently head of international strategic business development at the company.
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SiriusPoint has announced a strategic partnership with home rental insurance MGA Garentii, providing paper, balance sheet and risk advisory services to the InsurTech.
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The leadership shake up comes less than three weeks after Sankaran’s departure and the appointment of Third Point head Dan Loeb to the carrier’s board.
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The company named former Third Point Re CEO and former global distribution president Daniel Malloy as interim CEO.
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The executive will be responsible for underwriting strategy for the London and international casualty book.
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Avinew, which launched in 2016, directly underwrites semi-autonomous and autonomous vehicle usage.
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The investment returns were driven by growth-oriented positions in the enterprise technology and financial services sectors at Third Point Enhanced Fund.
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In addition to Malloy’s departure, Mark Parkin notified the reinsurer of his intent to resign from the board of directors for personal reasons.
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The move will enable Players Health to make insurance and risk management more accessible to amateur sports organisations.
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The firm will leverage its partnership with DXC to build a fully digitalised managing agent, the co-CEO said.
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