Acrisure-owned MGA appoints new non-executive director

Volante Global has appointed Peter Montanaro as its new non-executive director.

With 30-years of London market experience, Montanaro joins from Lloyd’s of London, where he was responsible for the safeguarding performance, integrity and prudential oversight of the marketplace. 

When Montanaro takes up his new role on 1 July 2025, he will join the Volante Global group board and chair the FCA regulated UK entity – Volante International Limited (VIL) – subject to regulatory approval.

VIL operates as an MGA and is a Lloyd’s approved service company, providing delegated underwriting services to both third party providers of insurance capital and Volante’s own Lloyd’s Syndicate.

The new hire will also work closely with Martin Reith, chair and interim chief executive at Volante Global, in his new role.

Reith said: “Volante is going through an exciting period of evolution as we further harness our core strengths. 

”Volante’s underwriting expertise and global reach are the strong foundations to further expand our UK offering and deepen our core international footholds.

”We are thrilled to have someone with Montanaro’s expertise, knowledge and relationships, not just within Lloyd’s but the London market as a whole, to continue this development.”

Experience 

Montanaro joined Lloyd’s in 2002 as head of reinsurance and later became head of delegated authorities in 2007 before moving into his oversight role.

He also chaired the Capital Planning Group (CPG) – the Lloyd’s committee responsible for the approval of syndicate business plans and capital setting.

Montanaro said: “I’m thrilled to be joining Volante at such a pivotal moment in its journey.

”The company’s maturing syndicate with ambitions for sustainable and disciplined growth makes this a great fit and I’m excited to work with the board and executive to explore the potential across both the syndicate and MGA.”