Accident and Health
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RedRiff Agency will underwrite A&H insurance and reinsurance through a Lloyd’s consortium led by Beat 4242. -
The football club initially sued the broker for £10mn in a claim connected with the death of the footballer in a 2019 plane crash.
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The company announced on Wednesday that Liddell’s deputy Thomas Leonardo would succeed him as global head of A&H, with immediate effect.
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The carrier said a post-Covid rebound in travel was creating opportunities in the A&H sector.
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The broker said it had repeatedly made the football club aware new signings not added to the policy schedule were uninsured.
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Stephen Hitch, senior vice president of underwriting at Xchange Benefits, will lead the new MGU.
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The appointment comes after it emerged that Malcolm Smart is leaving the business to join Ark.
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The carrier is expanding its A&H appetite in London as part of its international insurance growth strategy.
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The broker will be responsible for maintaining growth, working with US and international offices.
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The group has hired two senior executives from Besso Re Middle East to run the operation.
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The appointment comes amid a flurry of personnel movement in the A&H class of business.
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The outgoing accident and health (A&H) head said he would be working his notice period and hadn’t yet decided on his next destination.
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