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Joe Sergio Jackson will be responsible for key property accounts regionally and globally. -
The carrier said flooding in the country would have an impact of EUR55mn on its net results.
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So far, damage costs caused by the California fire are thought to be below $1bn.
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NHC says the weather system is likely to threaten Florida by the weekend.
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The reinsurer said European property reinsurance rates may "catch up" with global rates in the wake of the disaster.
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The expansive MGA has launched into a number of lines of business in the past year.
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The fire is the second largest in California’s history behind the August Complex Fire last year.
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Provinzial announced a EUR761.3mn loss, while Deutsche Rück’s costs could stretch to EUR230mn.
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Hannover Re has estimated that the floods could end up costing the industry as much as EUR7.5bn.
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Firm CEO Dino Robusto revealed the news on its Q2 earnings call.
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The round was led by Telstra Ventures, with other funds involved including Hudson Structured Capital Management and ArcTern Ventures.
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The hire comes as other challenger brokers have added ILW experts, including Price Forbes and Lockton Re.
