Aerospace
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW. -
Jack Kenneally will take on the role of class underwriter at the MGA.
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The aircraft lessor has booked $654mn in settlements from insurers over the past year.
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Willis has made a series of aviation hires on both sides of the Atlantic in recent weeks.
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The company has settled, or is in the settlement stage, for 80% of the exposure.
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The carrier has also added AIG’s Alice Hawkins to its aviation unit.
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IGI saw opportunities in energy, ports and terminals and marine cargo but remains cautious in long-tail lines.
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Space pricing experienced double-digit increases after the 2023 capacity retreat.
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AIG, HDI Global and others have settled. Chubb’s fight continues.
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The pair add to the roster of aviation-focussed hires at WTW.
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The hires form part of WTW’s build-out of its US aviation practice.
