Aon
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Clients are taking advantage of market conditions to restore coverage limits.
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Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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The executive will end her career at Aon Bermuda effective 1 October.
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This is a new role for the broker.
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He joins the firm following the departure of Edward Morgan and Guy Tyler, who have launched an MGA.
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Current head of marine hull Helen Costin is set to retire from the business.
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He will focus on the London and US markets, including the placement of consortia and binders.
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Q2 was the ninth consecutive quarter of year-over-year price decreases.
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President Eric Andersen said non-malicious cyber risk was “front of mind” for clients.
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Organic growth was in line with WTW and Marsh McLennan, which both posted 6% underlying expansion.
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The move comes amid elevated personnel movement in the energy sector.