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Shawn Parker takes up Gatt’s previous role as COO of Westchester Programs. -
Florida is a state where the company is seeing more capacity in the market, especially admitted availability.
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IAP served as financial adviser to Atri in the transaction.
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Sources said that Archer Transactional and BlueChip Underwriting will continue operating with existing paper providers.
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Sources said Berkshire will move from the largest single capacity provider to a single-digit percentage line size.
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The Bermudian's MGA will be based out of Miami, New York and Pennsylvania.
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The move was led by ex-Icat CEO Gregory Butler.
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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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In March, Insurance Insider US revealed that Arden had retained Dowling Hales to find an investor.
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The MGU also announced a string of promotions to leadership, including RWI CUOs and a new head of Europe.
