AmTrust

This publication had reported the program manager’s plans in April.

The firm’s underwriting performance is hard to piece together from the limited available data.

Colin Addy and Greg Conroy, former Vale and Chubb executives, co-head the new operation.

Surian will be responsible for state management and class appetite, while White’s new responsibilities include agent experience, product innovation, and third-party data strategy.

The transaction includes the MGA’s underwriting team and renewal rights to the portfolio.

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Bublitz is one of five executives on the E&S team given expanded roles.

The deal fits with a broader strategy of simplification that has already seen several disposals.

Management should examine the relationship between company strategy, broader market cycles and short interest.

The listing follows the IPO of insurance-focused Delwinds and Hippo’s union with another blank-check company at a valuation of $5bn.

The carrier’s head of cyber, Aaron Basilius, says the market segment represents a huge opportunity.

Pine Technology Acquisition Corp will focus its efforts on InsurTech.