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The business is formed out of the existing Thomas Miller Specialty Offshore team.
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Pine Walk MGA Kersey Specialty pivoted to renewables at the start of this year.
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A whitepaper published by the two companies set out measures that could create cyber insurance capacity.
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The change comes as negotiations start to kick off for 2025 renewals.
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The reinsurer’s A&H head Simon Parkinson left earlier this year to join Redriff Underwriting.
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Portfolios of clients of varying size in the same region aggregate more risk.
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Plus the latest people moves and all the top news of the week.
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The PVT market has seen a recent spike in staff movements, as new capacity enters the space.
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The peril is posing an increased risk of loss for the sector.
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In Partnership With MarkelJoin Insurance Insider, in partnership with Markel, for a free webinar, 10:30 ET/ 15:30 GMT, Nov. 26.
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The promoted employees have all been with BHSI’s Singapore offices for years.
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The downstream market is expected to soften in the second half of the year.