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The program was developed in collaboration with Allianz Commercial.
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The business will operate as a full-service MGU under Amynta Risk Solutions.
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A California ruling could set an important precedent as other courts consider similar cases.
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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.