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Bermudian-based company said new venture will enable its primary cyber insureds to proactively tackle cybersecurity threats

Acquired company is a global real estate provider offering proptech, technology solutions and business managed services

Proceeds will be used to partially fund the acquisition of 40 new narrow gauge and 40 new wide gauge trains

New recruit will lead the company’s entry into the domestic US construction market

He is to become Head of UK Branch and chief underwriting officer, subject to regulatory approval

Mahogany Bean is given opportunity to develop the international side of her practice

Appointee takes over as Head of Insurance and Reinsurance within the firm’s Bermuda corporate practice

Industry veteran becomes group director of underwriting

Natalie Neto and Rachel Nightingale recognised by global organisation

It is anticipated the number of staff will increase from about 25 to between 45 and 50