AM Specialty Insurance Group has acquired US-based managing general agent Pinpoint Insurance Services, which specialises in providing excess and surplus insurance solutions. In addition, AM Speciality has established Pinpoint UK in London. Darren Powell will lead the UK operation as chief underwriting officer from September 2024.

Powell said: “The impressive technology, wealth of data and strong entrepreneurial leadership of AM Specialty, combines powerfully with Pinpoint customer solutions. I am very excited to be leading the expansion into the UK at this important stage in the development of the business.”