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Nominee Neil Jacobs was warned cuts will cause ‘rising home insurance rates’.
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The MGA is expected to launch a product-recall portfolio in September.
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The appointments will be effective as of August 1.
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The global carrier plans to hire around 300 people in the next several years in the Americas and has already filled 60 roles thus far.
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Despite predicting fewer hurricanes, the numbers are still above average.
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The MGA opened the door for potential growth via M&A besides organic growth, team hires and carrier carve-outs.
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His 30 years of experience includes stints at Tokio Marine and Swiss Re.
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This is up from the $300mn in capacity the MGA secured in 2024.
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A London wholesaler broker would be a compelling second move.
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When it comes to sympathetic juries, high net worth individuals are under the same pressure as corporations.
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Demand and growth opportunities remain ample despite competitive pressures.
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The weather-modelling agency is predicting a below-normal season.