Its founders met while working at Guy Carp and Holborn and target $100m in five years.
He was previously senior vice president leading the risk management practice at AIG.
The business will be absorbed into the US operations of Xceedance.
Its CEO will become chair while heading up its international casualty reinsurance practice.
The increase has been more significant in loss-affected lines.
She will work in partnership with new part-time chairman Laurence White.
He is responsible for Chaucer’s Solvency II internal model and its strategic deployment.
They join from Quantemplate, Aon Consulting and JLT Re.
‘Responsible insurers should ensure customers are as well prepared as possible.’
Holloway is working to reduce the number of declined claims going forward.