MISSION, an MGA capital partner providing underwriting businesses with capital, capacity, technology, compliance and operational infrastructure, has appointed Bruno Ritchie as Strategic Advisor as the company develops its international presence.
MISSION said the appointment will support its focus on the French market, where it is seeking to identify specialist underwriting teams looking to establish and scale managing general agents (MGAs).
Tom Hill, Chief Commercial Officer at MISSION, commented: “The European MGA market is seeing significant expansion and MISSION provides talented underwriters with ambitions of building their own business a clear and proven route to market.
“Building on our success in the US and UK we offer capital, multi-year capacity, technology, compliance and operational infrastructure so specialist underwriting teams can launch and scale MGAs quickly, retain entrepreneurial ownership, and focus on underwriting and broker relationships.
“Our initial focus is on France, where Bruno’s deep experience and knowledge of the local market will be invaluable in identifying the right underwriters for MISSION to back.”
Ritchie brings more than two decades of experience across the specialty and commercial insurance markets in France and the UK. According to MISSION, he has held senior underwriting positions at Allianz, Hiscox and Argo, and has also worked in the MGA market with Innovisk Capital Partners and PelotonUW.
Ritchie has also worked through KARAD, his own specialty insurance consultancy. MISSION said his experience across insurers, MGAs and the French and UK markets will support the company as it develops its presence in France.
