Exclusive: MGA CrossCover hires Navigators’ head of wholesale property Mulready

By James Thaler

April 7 - (The Insurer) - CrossCover has hired Navigators’ head of wholesale property Patrick Mulready for a senior role in its Boston office, with the Scott Hanson-led MGA targeting upwards of $250 million in written premium in 2025.

Mulready had spent the last three years with Navigators following five years with Everest, where he last served as head of middle market property.

He previously spent 11 years at AIG.

A spokesperson for CrossCover declined to comment on Mulready’s hire. Navigators did not immediately respond to a request for comment.

CrossCover was launched in 2021 by former AmRisc and Aspen executive Hanson, and as of last year had around 15 capacity partners offering a $50 million maximum line size.

Hires that Hanson has brought into the company include Berkshire Hathaway Specialty Insurance’s Dean LaPierre, Liberty Mutual's Ed O’Brien and former AmTrust executive David Lewis.

In an interview with The Insurer TV at last year’s Target Markets mid-year meeting in Tampa, Hanson said CrossCover would opportunistically look to expand into other classes.

“CrossCover was never intended to be just property,” Hanson explained, pointing to its recent hires.

“So, we're really looking to expand into other lines of business where we can use the talent that we find, and that we can attract,” he said.

Hanson said that in property CrossCover would potentially look to further expand its limits, while entry into other lines of business “will be what we see and what talent is available”.