Start-ups
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Engineering Capital, Correlation Ventures, Innovation Endeavors and Sure Ventures contributed to the round.
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Celerity will write public and private D&O business for the wholesale insurance market.
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Abu Dhabi sovereign wealth-backed Mubadala becomes an Arbol investor.
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The former Validus exec will become CEO, with current chief executive Larry Hannon set to remain in a senior role. -
Sharon Fernandez’s hire follows the appointment of Munich’s Andy Rear as Buckle chairman last year.
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At-Bay has grown gross written premiums by 600% in the last year.
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The US carrier has offloaded a tranche of liability business written out of London.
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The CEO dismissed comparisons between his start-up and the Class of 2005 (re)insurers.
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CEO Greg Hendrick said the composition of the new carrier would eventually be more heavily weighted to insurance business.
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The latest appointments include former Markel property head Peta White and former EY partner Gail McGiffin.
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Reardon, Dudek and Roberts are all set to be reunited with former colleagues including Jeff Clements.
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The start-up provides technology to assist carriers with underwriting and claims.
