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A California ruling could set an important precedent as other courts consider similar cases. -
After recording triple digit growth in 2020-2022, the US cyber market grew just 1.6% in 2023.
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IAP served as financial adviser to Atri in the transaction.
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The executive will oversee the group’s strategic financial direction.
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Maria Long joins the cyber insurer from Munich Re as the company's deputy CUO.
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Ballan has prior experience at Liberty Mutual, Alliant Insurance and Davis Polk & Wardwell.
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The promotions are in the commercial/life and personal/specialty operations.
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The carrier doesn’t have big concentrations with distributors and conducts business with individual brokers.
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Sources said that Archer Transactional and BlueChip Underwriting will continue operating with existing paper providers.
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There has been increased W&I appetite in South American jurisdictions.
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The firm’s trajectory could, however, make it harder to meet guidance going forward.
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Richard Winborn joins as president, while Patrick Mitchell takes on the COO role.
