New infrastructure-focused start-up lands Bechtel engineer Statton
The new broker start-up led by ex-GCube president Jatin Sharma has begun to build out its roster with the addition of Brandon Statton from construction giant Bechtel, The Insurer can reveal.
Castel’s MCI completes management buyout
Castel Underwriting Agencies’ casualty underwriting cell, Medical & Commercial International (MCI), has completed a management buyout from Arch Capital-owned Castel’s MGA formation platform.
Boylan MGA will have $15mn capacity for excess casualty and PL build-out
John Boylan’s Third Point Re-backed start-up MGA Arcadian Risk Capital will initially put down lines of up to $15mn with a minimum attachment point of $5mn for excess casualty and professional liability business as it selectively builds out a book from Bermuda, London and New York.
Lockton partners with minority brokerage Birwood in diversity push
Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage.
Amrisc rebrands wholesale division to Waypoint Wholesale
Truist’s managing general underwriter Amrisc Group has rebranded its wholesale division to Waypoint Wholesale.
Mining insurance rates on the rise despite stable capacity
Mining property insurance capacity levels appear to have been stable for the past 12 months with just a slight contraction as some carriers cut back the lines they offer but pricing in the market continues to soar as underwriters seek to claw back losses, according to a new report from ...
New infrastructure-focused start-up lands Bechtel engineer Statton
The new broker start-up led by ex-GCube president Jatin Sharma has begun to build out its roster with the addition of Brandon Statton from construction giant Bechtel, The Insurer can reveal.
Aon looks to MMC to bolster fac business in Colombia
Aon has added Camilo Ruiz to its Reinsurance Solutions facultative business in Colombia.
Denali Specialty hires Krutek to head brokerage operations
Start-up MGA and wholesale brokerage platform Denali Specialty Group has hired former RPS executive Paul Krutek as president of its brokerage operations, The Insurer can reveal.
Growth engine
Just as there has been a deluge of headlines about start-ups and scale-ups in the broader (re)insurance sector as investors target hard market opportunities, the world of Program Manager has seen plenty of positioning for growth by incumbents as well as new players.
Castel’s MCI completes management buyout
Castel Underwriting Agencies’ casualty underwriting cell, Medical & Commercial International (MCI), has completed a management buyout from Arch Capital-owned Castel’s MGA formation platform.
Boylan MGA will have $15mn capacity for excess casualty and PL build-out
John Boylan’s Third Point Re-backed start-up MGA Arcadian Risk Capital will initially put down lines of up to $15mn with a minimum attachment point of $5mn for excess casualty and professional liability business as it selectively builds out a book from Bermuda, London and New York.