CFC
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The hard market has not burst the MGA bubble – and now interest is on the rise again. -
O’Shea outlined growth ambitions and managing leadership transitions at the MGA in a wide-ranging interview.
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The MGA has seen a “significant uptick” in dealmaking in the sector.
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CFC noted that growth moderated amid increased competition in cyber.
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The executive was speaking on the Behind the Headlines podcast.
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It plans to deliver other products for parts of the carbon value chain.
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The executive has over two decades’ experience in the market.
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The team will be led by Alejandra Hernandez Irizarry and Courtney Alonzo.
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Lloyd’s may be wary of making disciplinary hearings more public, but it could at least make processes more transparent.
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The question is whether the inherent value in CFC was in fact concentrated in departing executives David Walsh and Graeme Newman, or if the business can trade forward as it did.
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Insurance Insider understands David Walsh told employees in a memo that “certain culture failings” were identified in an investigation which had gone on “for some time”.
