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The MGA is looking to drive its commercial strategy across the globe.
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The executive spent almost 30 years at Markel International.
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CRC and Alliant are among those investigating the potential for new vehicles.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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Upon closing, the unit will be renamed First Product Protection.
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Ryan has consolidated its financial lines underwriting operations under a united brand.
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The sale will see a transfer of renewal rights and the product recall team.
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The MGA platform has launched more than 20 new vehicles since 2021.
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The CEO said the industry’s penetration outside its traditional heartlands remains “woeful”.
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What is the strategic thinking behind The Fidelis Partnership’s unique business model?
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Global head Bailey said SME demand has seen a “significant increase” since the Jaguar Land Rover attack.
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Syndicate 3705 adds to the MGA’s roster of capacity providers.
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The capacity partnership is led by International General Insurance Company.
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The move comes after a 200+ person mass team lift from Brown & Brown’s retail business in the US.
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This publication exclusively revealed the $1bn deal last November.
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The underwriting unit has also rebranded D&O specialist Leopanthera.
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Luca Ronsisvalle and Jan von Kamp bring marine and energy capability.
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K2’s CUO Parth Patel will serve as the SPA’s active underwriter as it was granted permission to underwrite for 1.1.
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The facility has expanded to cover construction and renewable energy risks.
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The CEO is looking to bring in external capital to support a new independent syndicate.
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Savannah Thompson is set to exit after eight years with the company.
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The MGA will also launch into cyber in 2026, adding to its property and marine lines.
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The MGA has renewed its binder for 2026 with capacity from Lloyd’s.
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Justin Camara was EVP and portfolio director for financial and professional liability.
