Construction
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The underwriter has over 20 years' experience in the construction insurance sector. -
Bartlett is the latest in a series of talent moves in the construction market.
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Tom Hester joined the broker in 2018 as SVP.
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The move will impact around $50mn of gross written premiums in total.
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The company provides management workflow for residential contractors.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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Group CEO Tavaziva Madzinga said it might explore Lloyd’s Names backing in the future.
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Rates continue to drop as capacity is ample, the broker said.
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The carrier is expanding its appetite for sustainable construction of large commercial buildings.
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The carrier has scaled up its international insurance offering in recent years.
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The changes are aimed at improving underwriting and operational performance.
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Chris Jones is the latest in a series of talent moves in the construction line.
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Marsh alleges Aon also went after its clients as well as its employees.
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Markel’s move follows recent market entrances by CinFin, Argenta and Fidelis.
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This follows the firm’s exit from primary aviation.
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Anthony Norfolk joins from Swiss Re, where he was a senior engineering underwriter.
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Bradley was construction team leader for US casualty at WTW.
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Charlton joins specialist construction MGA from Consort Technical Underwriting Managers.
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It is understood that supporters include Munich Re and Brit.
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It is understood that Lectio is now at ~$160mn of premium and could rise to $270mn next year.
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Jon Thacker has been at WTW for 20 years, specialising in construction.
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The LMA report focused on first-party property damage from a coverage perspective and on eight key sectors.
