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Insurance Insider US dissects the largest and hottest deals of the year across segments. -
The new, publicly listed specialty program group will be led by Luke Ledbetter.
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The program was developed in collaboration with Allianz Commercial.
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The business will operate as a full-service MGU under Amynta Risk Solutions.
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Shawn Parker takes up Gatt’s previous role as COO of Westchester Programs.
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Florida is a state where the company is seeing more capacity in the market, especially admitted availability.
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IAP served as financial adviser to Atri in the transaction.
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Sources said that Archer Transactional and BlueChip Underwriting will continue operating with existing paper providers.
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Sources said Berkshire will move from the largest single capacity provider to a single-digit percentage line size.
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The Bermudian's MGA will be based out of Miami, New York and Pennsylvania.
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The move was led by ex-Icat CEO Gregory Butler.
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Richard Winborn joins as president, while Patrick Mitchell takes on the COO role.
