Reinsurance News
Paragon Insurance LLC
Paragon appoints Sudagar as Chief Actuary
3rd September 2025
Paragon Insurance Holdings, an international managing general agency, has announced the appointment of Maheswaran Sudagar as Chief Actuary. In his new role, Sudagar, a Fellow of the Casualty Actuarial Society (FCAS) with over two decades of experience, will lead Paragon's actuarial functions, working with the underwriting, finance, product and analytics teams ... Read the full article
Paragon Insurance & Ascot Group partner to deliver client solutions
20th May 2024
National multi-line managing general agent (MGA), Paragon Insurance Holdings LLC, has entered into a partnership with Ascot Group, which is set to leverage both of the organisations strengths and capacities. In its first program partnership, Ascot will support Paragon’s public entity casualty insurance program, Trident Public Risk Solutions (Trident). Ultimately, this collaboration ... Read the full article
Paragon Insurance expands use of Kalepa’s AI-powered underwriting platform
13th May 2024
Multi-line specialty Managing General Agency (MGA), Paragon Insurance Holdings LLC has expanded its use of Kalepa's AI-powered Copilot underwriting platform to four additional programs. Kalepa’s Copilot will now support Paragon’s underwriters across Workers' Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs to achieve underwriting excellence through improved efficiency, ... Read the full article
Markel Insurance backs Yilkins’ global expansion of innovative technology
6th June 2023
Specialist insurer Markel Insurance SE backs the commercial deployment of Yilkins’ technology at various large international companies and enables expansion of its business globally. Yilkins, a company specialising in converting organic residue streams into standardised fuel products, has secured a performance warranty backstop insurance program from New Energy Risk (NER), a ... Read the full article
Paragon Insurance Holdings acquires Reel Media
5th September 2022
Paragon Insurance Holdings LLC, a Galway Holdings company writing all commercial lines of insurance, has acquired Reel Media, LLC, a insurance solutions provider for the broader entertainment and sports industries. This acquisition, Paragon noted, is part of the company’s bid to diversify and expand into the global specialty markets. Reel Media has ... Read the full article
Paragon hires Christian Phillips as President of contingency practices
28th April 2021
Paragon Insurance Holdings has appointed Christian Phillips as President of Paragon Contingency Practices. Phillips joins Paragon following many years at London-based specialty insurer, Beazley. With over 30 years of experience, he is an asset to Paragon clients, particularly given the global upheaval in the marketplace in 2020. Phillips will play a pivotal role ... Read the full article
Reinsurance broker Ed hires from Paragon
28th August 2020
Reinsurance, wholesale and speciality broker, Ed, has announced the appointment of John Head as a broker and producer, effective immediately. Head will support the growth of the professional and executive risk portfolio, a key area of focus and development for the global reinsurance broker, and further strengthen the firm’s cyber offering. He ... Read the full article
Paragon completes acquisition of Argo’s Trident Public Risk Solutions
4th May 2020
Paragon Insurance Holdings, LLC has completed its previously announced acquisition of Trident Public Risk Solutions from Argo Group International Holdings, Inc. It was announced in early February 2020 that Argo had agreed to sell the Trident brand and underwriting platform to Paragon, but retain the unit's claims operations. The deal has ... Read the full article
Argo reaches agreement to sell Trident Public Risk Solutions to Paragon
7th February 2020
Argo Group International Holdings, Ltd. has announced that Paragon Insurance Holdings, LLC is to acquire its Trident Public Risk Solutions brand and underwriting platform. It's expected that the deal will complete in the coming months, and insurer and reinsurer Argo expects to report a pre-tax gain of around $37 million related ... Read the full article
PSC Group to purchase Lloyd’s broker Paragon for £42m
25th July 2019
Australia-based PSC Insurance Group has announced the acquisition of Paragon International, a Lloyd’s and London market broker, for a base consideration of £42 million. To fund the placement, PSC has completed an institutional share placement of 13,461,538 additional shares at a price of $2.60 per share, raising total gross proceeds of ... Read the full article
Paragon Insurance appoints Andrew Peterson to lead MGA Reinsurance Operations
23rd January 2018
Multi-line specialty Managing General Agency (MGA), Paragon Insurance LLC has named Andrew Petersen as Regional President and Executive Vice President of Reinsurance Operations. Prior to joining Paragon, Peterson acted as Chief Corporate Development Officer of Atlas General Holdings, LLC, a San Diego based general agency, since 2012. He brings extensive industry experience ... Read the full article
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