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Earlier this year, this publication reported that Jetty was looking for capacity to replace Farmers. -
The wholesaler is shifting its business mix towards delegated underwriting, which should help sustain growth.
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Lea is responsible for Embroker’s underwriting practices, including paper and reinsurance relationships.
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In tandem, Mike Falvey will transition to executive chairman, effective January 1.
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The acquisition includes up to $400mn of performance-based contingent considerations measured through 2026.
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The announcement confirms news this publication revealed in July.
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This expansion will protect against risks faced by transportation and logistics businesses.
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The executive brings 24 years of experience to the role.
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This publication revealed in March that ISO was exploring strategic alternatives.
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The carrier is expanding its MGA partnerships and has invested in its marine team.
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He will continue to act in his role as COO, global insurance operations.
