Mark Allan News

Markets/Coverages: Digital Lloyd’s Syndicate Ki Partners With Travelers and Aspen to Expand Follow Capacity

Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced that Travelers and Aspen will offer additional follow capacity through its digital platform from Jan. 1, 2024. As a result of this partnership, Ki will become the first algorithmic …

Brit to Appoint RSA’s Wilkinson as Group CFO

Brit Ltd. announced the appointment of Gavin Wilkinson as group chief financial officer. Wilkinson will start his new role in May 2021 and will also join the executive committee and board of Brit. A proven and highly experienced finance leader, …

Ki Syndicate 1618 Binds 1st Risk with AmWINS’ Broking Unit THB

Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced it has bound its first risk with THB, the International broking arm of global specialty wholesale broker, AmWINS Group Inc. The risk was bound by Ki on its Lloyd’s …

Digital Lloyd’s Syndicate Ki Goes Live with List of Broker Trading Partners

Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced the onboarding of its first trading partners to its proprietary digital platform, providing access to its algorithmic underwriting in readiness for writing business from Jan 1. Ki said it …

Brit’s Digital Syndicate Ki Taps Hearsum from Marsh JLT Specialty as Managing Director

Ki, the first fully digital and algorithmically driven Lloyd’s of London syndicate, launched in collaboration with Brit Ltd. and Google Cloud, has announced the appointment of Dan Hearsum as managing director. Hearsum will report into Mark Allan, CEO of Ki. …

Brit Launches Sussex Capital UK to Write Collateralized Reinsurance

Brit Ltd., the specialty insurer and reinsurer, announce the launch of Sussex Capital UK PCC Ltd., a new multi-arrangement insurance special purpose vehicle (MISPV). Sussex Capital UK is the first transformer vehicle to be given permission by the Prudential Regulation …

Brit Expands Capacity for Bermuda Sidecar Versutus & Lloyd’s Syndicate 2988

London-based Brit Ltd. has renewed and expanded the collateralized reinsurance capacity provided by its Bermuda domiciled sidecar, Versutus Ltd., in support of Brit’s property catastrophe portfolio for 2018. Marking the fourth annual renewal and continued expansion of this vehicle, Versutus …

Brit Launches Bermuda-Based Collateralized Reinsurer Sussex Capital

Brit Ltd., the London-based specialty insurer and reinsurer, has launched a Bermuda-domiciled collateralized reinsurance platform, Sussex Capital. Sussex Capital, through Sussex Re, a newly established Bermuda-domiciled special purpose insurer, will write direct collateralized reinsurance while also providing collateralized reinsurance to …

RSA Creates ‘Personal Lines Intermediated Division’

In a move that may or may not have been prompted by RSA’s recent troubles, the UK’s second largest insurer announced that it is “merging its Affinity and Personal Lines Broker teams in the UK to create one Personal Intermediated …