Pine Walk launches political and non-payment risks MGA

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Fidelis-backed Pine Walk has launched its seventh MGA Pernix which will be led by CEO Kade Spears and chief underwriting officer Caroline Coulson.

The MGA will specialise in political risk and non-payment risks and will trade with the UK broker market.

Prior to launching Pernix, Spears was Scor’s global head for political and non-payment risks, founding the team in 2013. He was also head of the political and non-payment risks team at Aspen.

Spears said: “Pine Walk offer an outstanding wrap-around suite of services which delivered what we needed to take our collective expertise to the market, and in a fast and efficient way.

“Adding in

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