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The executive will also retain his position as president of workers' comp subsidiary Strategic Comp.
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The reinsurance pact with Enstar’s Cavello Bay has an aggregate limit of $1bn.
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The former Pioneer underwriting chief will lead the programs team within Brit Global Specialty USA from Georgia.
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The potential for an inflection point on pricing in the near future was a key Q3 conference call theme.
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The workers’ comp specialist has been up and running since 2017.
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The company previously offered workers' comp in Colorado, Florida, Georgia, Illinois, Nevada and Texas.
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Clear Spring Property and Casualty will provide underwriting capacity for the portfolio, while Southwest Risk Agency Services will manage the business.
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Chuck Couch has joined the aviation insurance MGA in Atlanta.
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Workers’ comp rates turned positive for the first time in over 5 years, CIAB data showed.
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Reserves in scope have not been finalised, but sources estimated the figure to be in the low hundreds of millions of dollars.
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The rating applies to Trean and its subsidiaries Benchmark and American Liberty, which all received a ratings outlook of stable from the agency.
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Janelle Frost said the carrier had not seen many cases where insureds’ headcount was reduced to zero.