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The MGA’s US clients will now have access to London market capacity.
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The traditional R&W product is seeing an increasing number of large losses.
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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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Talbir Bains founded the Acrisure-owned MGA in 2018.
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The organisation has released its mission for 2025 and signed a MoU with the ABI.
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CUO responsibilities will now be split out across senior underwriting leadership.
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Gary Head led the schemes & delegated authority, FL and specialty teams at Axa.
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The facility is backed by a $10mn Lloyd’s binder.
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The MGA and 49% owner SiriusPoint could bring in a new investor.
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He succeeds James Potter, who is set to become chairman at Rokstone.