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The former Everest executive will look to roll out a range of new product lines at the MGA. -
The suit also names CEO William Spiegel and CFO Tom Solomon as defendants.
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The company said Matson’s transition to vice chairman is voluntary.
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The carrier’s goal for its specialty arm is to achieve $10bn in written premiums and a sub-90% CoR by 2030.
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Across three offerings, Victor increased coverage maximums by $33mn.
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The partnership will increase K2's capacity for US hurricane and earthquake exposure.
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The consideration in this deal will also include $2.2mn of Ryan Specialty Class A common stock.
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Sources said Federer will assume the executive director role at Atlantic later this month.
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This publication revealed that the firm is working with Jefferies on the sale of its A&H MGA Armada.
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Former NTUM president Justin Joyce will lead the ANTU binding unit.
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The company is understood to be working with Ardea Partners.
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It is understood that the company needs to secure cash within less than 30 days.
