Start-ups
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The firm will target mid-market risks with TIVs of $25mn-$1bn.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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In The Car offers embedded auto insurance by integrating policies into dealership management systems.
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The Bermuda-based team is led by John Fletcher.
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BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
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The Miami-based underwriter will write lines of up to $5mn per risk for cyber and tech E&O.
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The latest E&S player planning to IPO remains a “show me” story.
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Former Aviva and AIA CEO Mark Wilson will lead the new initiative.
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Planning for the carrier was halted in January due to the CEO’s health issues.
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The Floridian is expecting to have around 40,000 policies in force by year-end.
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The ex-Ategrity CEO launched Pivix Specialty in September 2024.
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MGA growth is still strong but has passed its 2022 peak.
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