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The business has raised $250mn from backers including PartnerRe, RenRe, Starr and Amwins. -
Sizeable investment returns masked 10-year high underwriting losses.
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Personal lines rate filings are rising, even as some inflation drivers slow.
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The Truist-owned cat MGA had reduced its line size to $50mn last year.
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The MGA will be offering $10mn limits for $300mn-$10bn companies.
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Slide, American Integrity, and Security First were approved.
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Executives at D&O Plus said the pain from deploying those limits is being felt.
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The hires fill roles previously held by Martin Leitch and Dave Logan.
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Increased cat losses in property offset auto improvements.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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He was most recently cyber product leader at Zurich NA.
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It’s unsurprising, following the Corvus-Travelers transaction.
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