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Daily Digest: Top news from 18 September
A roundup of all the news you need today, including Lloyd’s reworked fee structure.
Insurance Insider team
,
18 September 2024
Amwins Global Risks names Abraham CEO as Mathis relocates to US
Nick Abraham will succeed Nathan Mathis as CEO of the firm's London-based specialty distributor.
Rebecca Perkins
,
18 September 2024
Optio to target European M&A: New CEO Soni
The MGA aims to capitalise on the growth and maturation of the continental MGA sector.
Rachel Dalton
,
18 September 2024
Lloyd’s reworks fee structure to flat 1% charge on GWP up to £3bn
After the £3bn premium threshold, a smaller central fund charge will apply.
Fiona Robertson
,
18 September 2024
Moody’s RMS estimates Hurricane Francine losses at under $2bn
Moody’s also predicts losses to the NFIP at less than $200mn.
Caroline Ryan
,
18 September 2024
Gillingham and Walsh to launch PVT business through United Risk platform
PVT business has been attracting new capacity after recent rate increases.
Samuel Casey
,
17 September 2024
Kenya Airways shifts to WTW ahead of busy Q4 renewal season
The account is among a handful of airlines that have swapped out their brokers this year.
Rebecca Perkins
,
17 September 2024
Accelerant hires ex-Westfield Specialty alumnus Kirby
Kirby was previously EVP of reinsurance and capital management at Westfield Specialty Insurance.
Rachel Dalton
,
17 September 2024
BellTower invests into Ascot as former Carlyle CEO Lee appointed chairman
He replaces Neill Currie, who will assume the role of independent director.
Kyoung-son Song
,
17 September 2024
Travelers restaffs in renewables and power with RSA’s Drabble
The appointment comes following several resignations in Travelers power and renewables division this year.
Samuel Casey
,
17 September 2024
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