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The loss aggregator has classified the fires as two separate events for reinsurance purposes. -
The business has so far invested in ProMarine and Killara Cyber.
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The specialty MGA is being watched closely by PE houses for signs of movement on a sale.
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The insurance commissioner said the carrier has not shown the need for price increases.
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Seven team members are set to exit, including team lead Cooke.
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Hickman has previously held roles at RSA, LV and Axa.
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Plus, the latest people moves and all the top news of the week.
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Continuum is advising the distribution group, which halted its auction in February 2024.
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Talbir Bains founded the Acrisure-owned MGA in 2018.
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The international segment’s CoR deteriorated slightly due to increased expenses.
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Improved underwriting helped absorb claims from the Baltimore bridge collapse and Hurricane Helene.
