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The scheme will be expanded to six new US cities, including Houston, Minneapolis and Philadelphia.
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Shares in the Altaris Capital-backed MGA and program manager begin trading today.
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The program manager and MGA sets a price range that could take the IPO size to as much as $185mn.
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The private equity firm has invested $100mn in the fronting carrier.
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The executive will be Arrowhead General Insurance executive vice president and lead its national programs division.
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The P&C program specialist is led by co-founders Erik Matson and David Paulsson.
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The R&Q subsidiary is looking to expand its 2018 contracted GWP of $500mn.
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The program specialist seeks to list after a record first half for US stocks.