Construction/engineering

The changes affect operations in Switzerland, Bermuda and the US.

Markel International has also hired senior underwriter Keely Madden.

Andrew Kane has spent eight years at QBE.

Private equity investors may not have the same timeline as the multi-year construction projects they’ve invested in, which could leave surety writers holding the keys if private equity walks away, said Mike Keimig, president and CEO of Markel Surety.

He will oversee Ascot’s US and Bermuda insurance and reinsurance companies.

Chapman exited from Scor following a 13-year tenure with the carrier.

Anna Woolley, Head of Construction for AXIS Global Markets, discusses how they’re tackling the challenges of mega projects, sustainability, and evolving risks in the construction insurance sector.

The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.

Tim Chapman also holds the role of EMEA head of construction at Scor.

The carrier recently started underwriting construction in Lloyd’s through Probitas.

Alex Haines also previously held roles at WTW and Mapfre.

The LMA report focused on first-party property damage from a coverage perspective and on eight key sectors.