Based in Guernsey, Mark Elliott, CEO of Marco Re, will serve as the CEO of PIM
The transaction received regulatory approval in January and closed on 2 February 2024
He reports to BMS’s director of energy Alex Collier
CatStop+ helps solve many of the hurdles cyber (re)insurers face, the company says
Guernsey-based funds have channelled an additional £13 billion into the UK economy
The appointment comes as the firm builds out its reinsurance offering and international presence
The firm has appointed Jessica Chappell (pictured) as a senior associate
It has also extended its non-life insurance and reinsurance licence to encompass life reinsurance
