Global Indemnity Group Expands with Launch of Reinsurance MGA Led by Industry Veteran

Reuters
Oct 03
Global Indemnity Group Expands with Launch of Reinsurance MGA Led by Industry Veteran

Global Indemnity Group LLC $(GBLI)$ has announced the launch of its first reinsurance managing general agency $(MGA)$ through its subsidiary, Penn-America Underwriters LLC (PAU). The new MGA will be led by veteran reinsurance executive George Dragonetti, who brings over 30 years of industry experience. This move marks a significant milestone in GBLI's strategy to expand its capabilities in both specialized insurance and reinsurance solutions. The initiative is part of the company's broader Manifest initiative, aimed at driving innovation and growth. Dragonetti previously held leadership positions at Emerald Bay Risk Solutions, Nav Re, and RLI Re.

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