SiriusPoint
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The executive will be responsible for underwriting strategy for the London and international casualty book.
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Avinew, which launched in 2016, directly underwrites semi-autonomous and autonomous vehicle usage.
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The investment returns were driven by growth-oriented positions in the enterprise technology and financial services sectors at Third Point Enhanced Fund.
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The commercial insurance firm will use the funds to increase its sales capacity, enhance its technology platform and develop new offerings.
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In addition to Malloy’s departure, Mark Parkin notified the reinsurer of his intent to resign from the board of directors for personal reasons.
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The move will enable Players Health to make insurance and risk management more accessible to amateur sports organisations.
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CEO Sankaran and COO Gangu are looking to use the firm’s capital, platforms and licensing to create value beyond reinsurance.
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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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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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As part of the deal, all staff working for the MGA will join Mosaic, while SiriusPoint will become a strategic investor in the carrier.
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Jason Robart previously founded Seae Ventures, a venture capital firm.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.