Cobalt parts way with CEO Bishop

Shariah-compliant MGA Cobalt has parted ways with its CEO Richard
Bishop, as the company continues work to secure the capital needed
to get its approved Lloyd's start-up off the ground,
The Insurance Insider can reveal.
The circumstances of Bishop's departure are not known, but
it comes at a crucial juncture for Cobalt, which was close to
securing a commitment for the capital ahead of his exit.
Sources said that work to finalise the financing is proceeding,
with Bishop's exit not...