Core Insights - Global Indemnity Group, LLC's subsidiary, Penn-America Underwriters, LLC, is launching its first reinsurance managing general agency (MGA) in collaboration with George Dragonetti, who will serve as President of the new unit [1][2]. Company Overview - Global Indemnity Group, LLC (NYSE:GBLI) is a publicly listed holding company focused on property and casualty insurance-related businesses [3]. - The company holds controlling interests in multiple agencies and strategic insurance product and service businesses, including Penn-America Insurance Services, J.H. Ferguson and Associates, and Kaleidoscope Insurance Technologies [3]. Leadership and Expertise - George Dragonetti, with over three decades of reinsurance experience, will lead the new MGA. His background includes 13 years in Bermuda and 20 years in the U.S. [2]. - The leadership team aims to drive innovation, growth, and superior underwriting performance for the new reinsurance platform [2]. Strategic Importance - The launch of the MGA is seen as a significant milestone for Penn-America Underwriters, enhancing its capabilities in specialized insurance and reinsurance solutions [2]. - The initiative is part of GBLI's broader Manifest strategy, which focuses on expanding the company's offerings in the insurance sector [2].