The private equity firm will also serve as the lead investor for Niyam Syndicate 2047.
The changes include the creation of dedicated P&C (Property & Casualty) and Life business units for the region.
The centre will handle a range of services, including commercial and personal lines, workers’ compensation, excess, compliance, D&O, and Policy Insights solutions.
The company is also building the teams required for the insurance expansion in parallel.
