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Sources said that the new paper is replacing PartnerRe capacity that was backing the MGA.
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The company will now focus on growing its E&S and InsurSec offerings.
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Piyush Patel and Sandra Russo have joined Dellwood as head of programs and AVP, respectively.
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The biggest riser in this year’s Allianz Risk Barometer was climate change.
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Groeber joined CFC as EVP in 2020 before becoming US CEO in 2023.
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The review follows Velocity’s acquisition by FM Group.
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The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
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The move comes after Burke’s five years as EVP of cyber and technology.
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LAU will become the new Core Specialty Aviation & Aerospace Division.
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Old Republic Cyber will focus on providing specialized cyber and technology-related coverage.
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Former COO Jack Falvey’s appointment as CEO was reported last August.
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The MGA will become part of binding authority unit Amwins Access.