Interviews
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The firm has zero pre-2020 reserves, no MGA relationships, and management with a strong record.
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The start-up's founder set out the new broker’s strategy, M&A goals and structure.
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Reid spoke about M&A, organic growth, remaining an employee-owned private firm and the expected disruption in US broking.
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The FTC issued a final rule on April 23 banning the use of non-competes nationwide.
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The carrier’s goal for its specialty arm is to achieve $10bn in written premiums and a sub-90% CoR by 2030.
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The firm doubled its premiums in the past three years after launching in specialty.
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The firm launched late last year in the US with a $250mn capital injection, and has also acquired a UK platform.
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The MGU is exploring additional third-party capital relationships.
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May and June takeout requests for Citizens are exceeding expectations.
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Existing taxes could be lowered under a potential new structure.
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The Bermudian posted 18.5% top line growth in its first year as a public company.
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The firm’s growth focus for 2024 will be in property D&F.
Most Recent
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Daily Digest: Top news from November 26
November 26, 2024 -
AM Best revises outlooks for Berkshire’s Guard to negative from stable
November 26, 2024 -
Bermuda reinsurer Mereo poised for launch after ~$650mn raise
November 26, 2024 -
InsurTech Sayata cutting senior staff amid stuttering sales process
November 26, 2024 -
Hadron takes ex-Accredited Europe CEO Johnson as international CEO
November 26, 2024