Acrisure

Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.

The broker has also worked in underwriting roles at XL Re and TransRe.

The new wholesale broking team will begin with professional liability, Acrisure said.

The pair have decades of London and international market experience.

Wicks’ broking career spanned 48 years.

The six execs left Acrisure for rival broker Woodruff Sawyer in March.

He joins from Howden Tiger, where he was the international head of analytics.

As the curtain comes down on the millionth Monte Carlo Rendez-Vous, and the prices in the cafes and restaurants are presumably reset to their customary levels, the conference has again done its main job.

Our virtual roundtable polled senior industry figures on the biggest questions facing the reinsurance industry. Today, we look ahead to the influences steering M&A market conditions.

Modus will continue to operate under its existing brand and management team and become part of Acrisure UK MGA, under the terms of the acquisition.

The (re)insurer also appointed Thomas Deane as head of investment banking.

The company will operate under a single brand as it moves away from its prior reputation as broking’s arch decentralizer.