Contingency/entertainment

The BP Marsh-backed intermediary was valued at just £440,000 in January this year.

Personnel movement in the contingency market has been elevated following Covid-19 upheaval.

Organisers perceive a clear runway ahead for planning events, after over two years of restrictions on gatherings.

The scheme is supported by several prominent carriers in the Lloyd’s market and is set to close at the end of September 2022.

There have been numerous exits and entries in the class following major Covid-19 losses.

Alli MacLean will take on the expanded role following the exit of contingency chief Yael Mimran.

Matt Helm worked at CFC until the end of last year when the MGA opted to place the book into run-off following a review.

Convex was one of the carriers to enter the contingency market following the major Covid-19 loss event.

Fidelis joined the contingency market in 2020 amid massive dislocation caused by Covid-19.

The unit will be headed by Jo Holliday and house lines of business including contingency and political violence.

The long-serving Aon executive led a team placing a variety of contingency coverage in Lloyd’s and London.

Senior contingency underwriter Luke Killeya has parted ways with Convex after having joined the carrier a year ago to help its launch into the contingency market, Insurance Insider understands.