The initiative seeks to strengthen regional access to cyber reinsurance by connecting APAC cedants with global capacity through a flexible, scalable framework.
Chief Regional Officer Javier Sánchez Cea aims to raise life from less than 5% to 20% of APAC premiums by building local teams and leveraging non-life ties.
Deal will make Starr the ninth-largest managing agency at Lloyd’s, with IQUW CEO Peter Bilsby set to lead Starr’s international business, including APAC.