CNA Hardy
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Ariel Berman joined the company as head of specialty in 2023. -
The LPPC will offer limits of $127.5mn EAR and DSU coverage in the US and Canada.
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Niala Butt joins from CNA Hardy, where she was casualty claims manager.
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Goldman will join Ascot next month to take on the newly created role.
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This publication revealed the CNA Hardy active underwriter was joining Apollo last week.
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It is understood that the executive will work as deputy CUO at the business.
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Carl Day’s next destination remains unknown.
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Borrel will report to Paul Andrews, CEO of PoloWorks and Polo Managing Agency.
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Sarah Moses has more than 15 years’ marine experience.
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The appointment comes following the appointment of Ahad Khalid as head of power.
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Mosaic has also added CNA Hardy’s Emily Humphreys to its PV team as part of the deal.
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Barr’s resignation from his previous role as head of marine at CNA Hardy was first revealed by this publication in July of this year.
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Sources said the insurer will not be taking on any new business or renewals as the PV class continues to be threatened by potential losses.
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This publication confirmed the move in September
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The marine build in London is part of the carrier’s primary insurance expansion strategy.
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Berman will replace Ramesh Singh, who is leaving the business to head up financial lines at Aviva.
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The underwriters will focus on UK marine cargo and transport and logistics business.
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Jonathan Powell was previously head of Lloyd’s P&C at CNA, before joining the broker’s non-marine treaty team.
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Staff turnover remains elevated across marine classes amid a battle to secure talent.
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The executive oversaw lines of business including management liability, financial institutions and healthcare.
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CEO Nick Tye told this publication earlier this month that the company was planning a financial lines launch.
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The carrier has made appointments in Cologne, Milan, Copenhagen and Amsterdam.
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The carrier retains its appetite for the class of business - which has undergone a substantial re-rating since 2018.
