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Ballan has prior experience at Liberty Mutual, Alliant Insurance and Davis Polk & Wardwell. -
The promotions are in the commercial/life and personal/specialty operations.
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The carrier doesn’t have big concentrations with distributors and conducts business with individual brokers.
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Sources said that Archer Transactional and BlueChip Underwriting will continue operating with existing paper providers.
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There has been increased W&I appetite in South American jurisdictions.
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The firm’s trajectory could, however, make it harder to meet guidance going forward.
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Richard Winborn joins as president, while Patrick Mitchell takes on the COO role.
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The MGA secured backing from buyout heavyweight KKR in March 2021.
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The firm said the UK hub demonstrates its commitment to expanding in Europe.
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The former CEO will also serve as executive managing director within Aon’s reinsurance solutions business.
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He joins from Swiss Re, where he has spent the last 27 years of his career.
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The AIG and Stone Point-owned MGU will also look to move up-market, increase its weighting to E&S and add third-party paper.
