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Last year, the firm obtained a Class 4 license in Bermuda which allows it to underwrite direct excess liability insurance. -
The executive previously held roles at Capgemini, The Hartford and AIG.
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The international casualty director has worked at Axa XL, Ive and Ardonagh.
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The LA wildfires accounted for 59% of loss activity over Q1.
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Niala Butt joins from CNA Hardy, where she was casualty claims manager.
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Although US pricing is improving there is pressure in other geographies.
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Some segments are moving faster than anticipated, but overall, it remains a mixed bag.
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The executive brings nearly 30 years of liability experience to the role.
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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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This will allow Ark to write business on surplus line paper and Lloyd’s business.
