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As of February 14, the company received 405 claims.
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The MGA will be trying to replace the transactional liability capacity in the coming weeks.
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Delegated underwriters are seeing an opportunity to write in the PVT market as an add-on to property coverage.
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Ryan Specialty National Programs consolidates several RSUM business units.
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Gibbs will oversee delegated underwriting authorities and facilities.
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This is the second acquisition Amwins has announced this year.
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The first round of the E&S boom has already played out, but this is a long game.
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Approximately 12% to 13% of Skyward’s premium was in commercial auto in Q4.
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Sources noted that Dowling Hales is advising the MGA.
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Other digital distribution platforms, including ProWriters and SportsInsurance, are also exploring a sale.
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Last October, this publication revealed that NSM was considering a carve-out of its B2B programs.
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The MGA will have a broad casualty-focused appetite with Lloyd’s capacity backing.