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Admitted insurer withdrawals and rising demand are pushing more entrants into E&S.
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Sources said that the broking giant will look to add around 10 additional backers at a $30bn EV.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Perlman has been at MMA for over six years, most recently as president of national business insurance.
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The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
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This year’s coverage will involve $2.94bn of new risk transfer.
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Four cat modelers have also submitted their tech for regulatory review.
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The company is seeking to promote growth in its US excess casualty book.
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The offering includes GA, aviation GL and airport and product manufacturers liability.
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Andrew George will report to president and CEO of Marsh Martin South.
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These events can also no longer be considered secondary perils, executives said.
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Tactics underwriters employ to manage cyber risk are maturing, as well.