Construction/engineering
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He will lead the large account segment, succeeding Bill Hazelton, who is now head of North America claims.
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Steven Israel, Clint Downey, Patrick Whalen and Charles Madry have left the carrier. -
The (re)insurance unit of the South Korean conglomerate cites “high loss activity”.
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The withdrawal reduces other carriers’ ability to write larger line sizes and follows a trend of capacity withdrawal.
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According to sources, AIG underwriters globally have been told not to write new construction risks in Latin America.
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In its 2020 manifesto the association demands action to get the market segment moving.
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The executive becomes construction broking head for specialty operations including Alesco.
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Adam Casselman replaces Sam Whitnell, who is now construction director at Parker Norfolk.
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Ash Bathia’s company is no longer writing open-market business, although it will support some facilities.
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Sam Whitnell was Aspen’s head of international onshore construction for more than three years and becomes construction director at the broker.
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Philip Maloney joined in 2016 to lead the company’s construction unit.
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Jason Rollins, Nadir Durrani, Neeraj Jeswani and Jessica Whiton have joined the carrier.
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