Penn-America Underwriters (PAU), a subsidiary of Global Indemnity Group (GBLI), is launching its inaugural reinsurance managing general agency (MGA) in partnership with George Dragonetti, who will also serve as President of the new unit. For those unaware, PAU operates as a division of GBLI specialising in underwriting, growth, and distribution of insurance and reinsurance products, technology solutions, and claims services. Dragonetti commented on the new venture, “I am honoured to partner with PAU and to head up its MGA reinsurance business. Dragonetti brings over three decades of reinsurance expertise—including 13 years in Bermuda and 20 years in the U.S.—to the new venture. His distinguished track record in developing tailored reinsurance solutions, building high-performing teams, and successfully executing strategic growth initiatives will be integral to establishing and advancing PAU’s reinsurance business.”