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The carrier laid out its business mix for the newly launched reinsurance syndicate.
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Sills’ background, a strong backing, and laser-sharp E&S focus make Bowhead stand out.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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AIG veteran Kevin Bidney will focus on North American marine.
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The start-up is closing a Series A fundraise.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.
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The company’s stock jumped 14% within 30 minutes of the market’s open.
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Keogh worked at Aon for nearly 30 years before retiring in 2022.
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Construction defects, GL and risk-managed professional liability lines saw the greatest headwinds.
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The executive will continue as head of BHSI’s E&P lines business.
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David Lavins had previously headed up subsidiary MGA Amwins Access.
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The SME-focused carrier reported $437mn 2024 GWP in its SEC filing.