Ed
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The fast-growing group – which did not exist when the UK voted to leave the EU – is now close to $500mn of adjusted Ebitda. -
Jennifer D’Arcy will be responsible for building out the carrier’s fac strategy for North America from London.
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Highlander has $300mn of insurance coverage, placed by Ed Broking and led by Munich Re Syndicate.
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David Porter left Ardonagh Specialty’s subsidiary Ed after almost two years as head of cyber and VP of casualty.
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Consilium’s financial lines operation specialises in professional and executive risks as well as cyber.
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Martin Cook is joining the mutual as it embarks on a change of leadership, with long-serving CEO Joe Hughes standing down.
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The loss comes as rate rises decelerate in the class after several years of compound rate rises.
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This publication reported last month that the broker’s algorithmic underwriting solution had gone live.
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The broker’s algorithmic solution is already live and binding risks for one major insurer.
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The Aventum-owned broking business will aim to ‘disrupt’ the binder placement market.
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The transaction will create London’s largest independent specialty and wholesale broking business.
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The executive has also worked at Alexander & Alexander Asia and KIB.
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