NormanMax Insurance Holdings News

NormanMax Agrees to Purchase Parametric Flood Specialist MGA, FloodFlash

NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory approval. London-headquartered FloodFlash will continue to operate as an MGA and Lloyd’s coverholder, and the FloodFlash …

NormanMax Launches 1st Nat Cat Parametric Lloyd’s Syndicate, Managed by Apollo

NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has launched Lloyd’s Syndicate 3939, in partnership with third-party managing agent Apollo. NormanMax Syndicate 3939 is the first syndicate to focuse on natural catastrophe parametric re/insurance products for hurricane, tropical cyclone, …

Parametric Re/Insurer NormanMax Gets ‘in Principle’ Nod to Launch Lloyd’s Syndicate

NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has received “in principle” approval from Lloyd’s to launch a syndicate, which will be managed by Apollo Syndicate Management Ltd. NormanMax Syndicate 3939 aims to commence underwriting in April 2024, focusing …