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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Last year, the firm obtained a Class 4 license in Bermuda which allows it to underwrite direct excess liability insurance.
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While official return to office mandates have gathered steam, what they look like in practice can vary widely.
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Finsness joined the carrier in 2014 and was head of casualty claims in Bermuda from 2017 to 2023.
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The VC firm has been incorporated in Delaware since its founding in 2009.
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Nominee Neil Jacobs was warned cuts will cause ‘rising home insurance rates’.
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The MGA is expected to launch a product-recall portfolio in September.
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The global carrier plans to hire around 300 people in the next several years in the Americas and has already filled 60 roles thus far.
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Despite predicting fewer hurricanes, the numbers are still above average.
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The MGA opened the door for potential growth via M&A besides organic growth, team hires and carrier carve-outs.
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His 30 years of experience includes stints at Tokio Marine and Swiss Re.