Managing general agent launches facultative reinsurance
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Pardus Underwriting Ltd. said Tuesday that it has launched a facultative reinsurance facility for North American property interests.
Pardus is a London-based independent managing general agent that was launched by co-founders Keith Thompson and Darren Stockman in July 2014.
The division will be led by Andy Billinge. Previously, Mr. Billinge was managing director of Oxford Insurance Brokers Ltd., Pardus said in a statement.
“We are delighted to have secured the services of Andy who brings with him a wealth of experience and knowledge along with strong broker relationships all of which combines to place Pardus in an excellent position to develop facultative property business,” Mr. Thompson, CEO of Pardus said in the statement.
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