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The broker has more than 30 years’ experience in the London motor market.
Evercore was retained earlier in the year, and sponsors had expected a transaction in 2024.
The executive spent 15 years at various R&Q subsidiaries.
The investor reported a total shareholder return of £41.7mn for 2023.
Behind the Headlines

Behind the Headlines: Hiscox’s Kate Markham on AI deployment and green underwriting in Lloyd’s

In this episode, Hiscox London Market CEO Kate Markham discusses the carrier's AI lead underwriting project with Google Cloud, and the opportunity the insurer sees underwriting energy transition business in the Lloyd's marketplace.

Behind the Headlines is a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.

Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.

Every other Friday morning, Behind the Headlines will break down the biggest stories of the last two weeks. Sam will discuss these stories with the journalists who broke them: Catrin Shi, Fiona Robertson, Rachel Dalton and the rest of Insurance Insider's award-winning editorial team.

Plus, he will interview the big names from the London market, getting their perspectives on the state of the industry and the latest headlines.

New business is arriving, but the captives market is not a priority target.
Underwriters fear that misleading statements about AI capabilities could result in claims.
The track record of smart-follow vehicles is still young, but the segment is gaining traction.
Sources said London should dodge the worst deterioration on US liability, but might not escape unscathed.
More News
The executive said Lloyd’s was the “best place” to underwrite emerging risks.
The CEO also discussed the need for portfolio diversification.
Carter said technology is creating more of an imperative to diversify the future insurance workforce.
The broker said there was an opportunity to take advantage of competition to improve outcomes for clients.

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Upcoming industry events


MGAA Conference 2024

Venue: Old Billingsgate, London

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Monte Carlo Rendez-Vous de Septembre 2024

Venue: Fairmont, Monte Carlo

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WSIA Annual Marketplace 2024

Venue: Manchester Grand Hyatt San Diego Marriott Marquis


DiveIn Festival 2024

A Sustainable Future: The Next 10 Years

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Target Markets Annual Summit 2024

Venue: Westin Kierland Resort, Scottsdale, AZ

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Baden-Baden Reinsurance Meeting 2024

Venue: Baden-Baden city

Event details TBD

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APCIA Annual Meeting 2024

Venue: Sheraton Grand Chicago Riverwalk, Chicago, Illinois

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From our other titles

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Reserving and claims counts diverge, which may signal worsening trends

MGAs outpaced the P&C industry for years, but growth has begun to stagnate.
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Fee income debates reflect ferocious competition for capital

Sub-1% management fee and performance fee-only structures have evolved in ILS.
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Axis investor day: Are new goals aspirational or overly optimistic?

Industry trends show the Axis book value growth goal may be hard to hit.
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Index-based deal spreads widen as Ariel Re pulls Titania issuance

Market sources are speculating on the reasons behind the spread widening on index-based deals.