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Kinsale CEO Mike Kehoe said social inflation is unabating, but losses fuel the industry. -
The multiline MGA was co-founded by Lea's fellow Vantage alum Farhan Shah.
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He joins the Munich Re company after almost four years at Cowbell.
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The business – which writes professional liability, excess casualty and property - was marketed by investment bank RBC.
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Vantage will underwrite up to $10mn in capacity through its US subsidiaries.
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The carrier said the office in Belgium “doubled down” on its commitment to Europe.
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Loss picks for other liability are at a 23-year high, but that still may not be enough.
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CNA has been part of Euclid’s panel in EMEA since early 2022.
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The two join the company from Navigators, a subsidiary of The Hartford.
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This is Chubb’s second MGA deal in the past few months.
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Industry trends show the Axis book value growth goal may be hard to hit.
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Sentry launched its specialty lines division in 2022.
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