Cobalt exploring internal restructure to launch at Lloyd's

Shariah-compliant start-up Cobalt is exploring an internal
restructure that would see Armour executives Brad Huntington and
John Williams put additional money into the company via investment
vehicle Trebuchet, The Insurance Insider
can reveal.
Cobalt's plans to launch a Lloyd's syndicate have been
stuck in limbo since it received approval from the Corporation in
2016.
Trebuchet, which was part of legacy-focused business Armour
Holdings until Aquiline's buy-in earlier this year, is already
a mino