Construction/engineering
-
Tim Bluck joins as a partner, covering UK clients.
-
It emerged in November that the carrier’s construction head Daniel Abramson was leaving the business.
-
The book is yet another indication of growing interest in the space.
-
Alex Coulton previously held the role of construction underwriter at Axis Capital.
-
The underwriter will work with product leaders across regions to deliver a global product offering for international clients.
-
The appointment follows the recent hire of Pascal Carrer as head of casualty in Switzerland, and David Corrigan as head of property.
-
At an event that brought together construction insurers, brokers, engineers and developers, delegates discussed an impasse over insuring sustainable development projects.
-
The MGU has secured up to $10mn follow-form capacity on a non-admitted basis to cover general liability on complex construction projects in the US.
-
Hancock joins from Ensurance UK where he was head of underwriting and international engineering.
-
The moves follow a pattern of prolific hiring in which 200 production staff were added across the group’s London business in 2022.
-
The initiative aims to fast-track (re)insurance capacity to Ukraine to support reconstruction.
-
WTW said driver shortages continue to force contractors to use younger, often less experienced drivers, potentially putting upward pressure on losses.
Most Recent
-
Axis Syndicate 1686 reports 2023 combined ratio of 87.5%
28 March 2024 -
Inigo posts $138.8mn profit for 2023
28 March 2024 -
Atrium 609 posts 97% CoR as Ukraine costs escalate
28 March 2024