Brit
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The combined ratio improved by 0.5 points to 75.7%.
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The firm will maintain a close partnership with Brit as a nominated lead across all classes.
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The results were disclosed in parent company Fairfax’s quarterly earnings.
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Marko Ninkovic, Head of Claims Specialty at Brit, explains the growing challenges of war risk claims and modern piracy at the International Association of Claims Professionals Conference in Orlando.
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A strategy is in place for the carrier to expand its presence on the Island.
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Smart-follow is creating a third tier of provider – the “lead follower” – but broader efficiencies must be achieved.
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Ki has ramped up hiring and is expected to secure a separate managing agent.
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The results were disclosed in parent company Fairfax’s quarterly earnings.
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The executive was CEO of PartnerRe until retirement earlier this year.
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The track record of smart-follow vehicles is still young, but the segment is gaining traction.
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