Start-ups
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Aon will manage the captive, while Marsh is placing excess insurance for the digital currency platform.
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Surround executive Kate Terry blamed the capacity drought on an earlier generation of start-ups during an event in New York. -
The executive is understood to have teamed up with former colleagues Harris and Hernon.
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The German carrier will maintain an investment relationship with the InsurTech.
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The underwriter will join a marine team headed by John Potter.
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The division will work on M&A cover with the broker’s financial sponsors practice.
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The executive has investment from private-equity house Partners Group and is already considering transactions.
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The transaction is the tenth strategic investment that the Greenlight Re unit has made since it was founded in March 2018.
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Vouch has raised money from Silicon Valley Bank to sell insurance to other startups.
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The bolstered team will compete with Marsh and others in the aircraft finance space.
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The latest fundraise comes after the auto carrier entered the Californian market.
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Transfer deal covers business produced by independents likely to move business after JLT acquisition.
