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The executive also said that his MGA firm has the growth trajectory to become the biggest in the world.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The two carriers have injected a further $100mn into the underwriting project.
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The moves are expected to enable NFP to form and administer Alberta-domiciled captive insurance companies for their clients.
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The cyber InsurTech sits at the top of the pyramid with a $5bn valuation, but it plays in a risky sphere.
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Led by Connie Germano, Kalepa Insurance Services will match proprietary AI software with Everspan's underwriting capacity.
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The carrier has appointed Fidelis’ Arif Rahman the head up the facility.
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Parisoff will be president of the MGA, which will provide professional and general liability insurance.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Richard Fleder-led MGA writes around $130mn of business and has Ebitda of roughly $14mn.
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Xchange Benefits will underwrite medical stop loss coverage on behalf of an insurance affiliate of Markel.
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The company said the new paper comes in addition to a previously announced backing from Greenlight Re and State National.