Insurance industry people

The combined business will trade under the Markel Specialty banner from 1 April and will run a book of around $4bn in premiums.

Executives cite strong rate growth as they predict a 2021 AGCS combined ratio of 97 percent.

Stephen Postlewhite will succeed the executive as managing director.

The fast-track entry route offers a “perfect opportunity for an ambitious MGA” seeking more control, according to the executive.

Cynthia Egan, appointed vice chair, is poised to succeed current chairman Kevin Condron in May 2021.

They will join the board once the reverse merger with Tiberius closes.

Chris Conway joins TigerRisk from Neon Underwriting Bermuda, where he was senior vice president.

Co-president O’Connor to exit, with Bruno taking additional role as COO.

The appointment is still awaiting regulatory approval.

His exit comes as insurers continue to pull back from the global marine market.

Bill Cooper moves from a consultant role to leader of the broker’s investment banking business.

CFO John Parry, who joined the firm last year after holding the same role at Lloyd’s, will become interim CEO.