Amwins seeks to expand its global underwriting capacity and performance of its $3+ billion delegated authority business.
The company hopes the transaction will provide ‘accelerated return’ of capital to investors in the fund.
The move furthers its climate leadership position after it launched a pioneering Net-Zero Insurance Alliance this year.
The re/insurer aims to disrupt the insurance industry via innovative, tech-forward partnerships.
Delta sees liability and specialty lines as ‘critical strategic focus’ areas in a challenging market.
He will also receive a target short-term incentive bonus of 175 percent of his base salary.
The executive spent a decade underwriting terrorism and political violence at Beazley.
It applies machine learning and artificial intelligence technologies to identify emerging risks.
R&Q is transitioning its legacy insurance business into a capital-light recurring fee-based model.
The move is in line with its strategy of increasing underwriting capacity through acquisition.