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The executive has worked in a variety of senior underwriting roles at the reinsurer.
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The process will be led by Tom Hicks, consultant, UK head of insurance at Russell Reynolds.
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Parker has worked at Ardonagh-owned Paragon since 2012.
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Parker headed up the special risks division.
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Gay has spent more than two years at Mosaic, having joined in November 2022.
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Jason Hart, head of proactive cyber, was also promoted to managing director.
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President Andersen said he was optimistic about the 2025 reinsurance market.
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Amie Townsend will be responsible for developing Beat’s UK and Europe platform.
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Plus, the latest people moves and all the top news of the week.
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Keese is also investing in the company alongside its existing partners.
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The executive will link up again with former colleague Lucy Clarke in Q2.