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The financial services growth strategy could be “turbo-charged” by involving brokers, it said. -
Part five in our series looks at how AI can empower brokers to add value as well as speed.
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Howden is facing fallout from its push into the US retail market via mass hires.
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The London-based executive will relocate to Daytona Beach, Florida.
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors.
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The broker will report to Howden US CEO Mike Parrish.
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David Bell has held aviation roles at Marsh, AIG, Gallagher Re and Aon.
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Property, cyber and workers’ comp rates were all down mid-single digits, offsetting casualty hardening.
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Rachel Turk was speaking on an Aon Reinsurance Renewal Season panel.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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The facility provides coverage for property, terrorism, energy, construction and utilities risks.
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The broker’s new business and client services division is targeting $400mn of savings.
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Earlier this week, the broking house announced a rebrand to Marsh.
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Debbie Hobbs joined Miller in 2021 from EmergIn Risk.
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Though wildfire losses are up, total losses are the lowest since 2015.
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After six years as CFO, Mark Craig is taking on the position of chief investment officer.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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The group will join forces with SRG subsidiary Miles Smith.
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The European broker said a London wholesaler is the ‘missing piece’ of its strategy.
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Manuel Perez will continue in his ongoing role as head of cyber for LatAm.
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Neil Ross was also appointed CUO for the broker’s MGA.
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The London-based pair will report to commercial risk UK CEO Rob Kemp.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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