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The global property reinsurance professional will be joining the start-up broker as executive vice president.
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The corporate finance adviser has held roles at Deutsche Bank, Citigroup and Morgan Stanley.
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BGC Partners has agreed to buy Lloyd's broker Ed Broking from private equity house Lightyear Capital, adding to its previous acquisition of London market intermediary Besso. -
Coin Re will aim to reduce the cost of insurance by aggressively reducing reinsurance costs, Blanch said.
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Terms of the deal were not disclosed.
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Former Aon broker Jonathan Hughes will join the firm's retrocession team, reporting to head of retro Alex Bridges.
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Edward Torres was most recently director of capital markets at PartnerRe but left after the company reworked its ILS offering.
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Appetite for last-minute cover appears muted ahead of Hurricane Michael’s landfall in Florida.
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The company is moving away from market-facing collateralised reinsurance funds, head of alternative capital Dan Brookman told this publication.
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The new platform connects holders of long-tail insurance risks with investment funds.
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Willis Towers Watson may look to push its G360 broker facility into a delegated authority platform, sister publication The Insurance Insider reported.
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Broker distribution facilities have made a comeback in recent years as intermediaries seek new ways to streamline operations and boost fee income.
