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The executive will oversee the direction and management of the firm’s liability portfolio across the US and Canada. -
The executive has been serving as COO since February.
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The executive most recently served as head of North American treaty reinsurance.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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The PE-backed MGA has Morgan Stanley, Bank of America and JPMorgan advising.
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Aon acquired NFP from Madison Dearborn in April last year in a $13.4bn deal.
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High H1 reserve releases of $7.4bn were driven by the largest of carriers.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
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Arkansas-based RVU provides commercial P&C and some specialty programs.
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The executive said claims can be a differentiator in a softening market.
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The rest of 2025 appears poised to remain favorable for insureds, however.
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California, Florida and Texas all saw decreases in monthly premium growth.
