Ed

The platform can place risks from anywhere in the world into any market.

The executive will take over leadership of the broker once its sale to BGC closes.

Jo Kendall joins from Willis Re, where she led the London specialty cat modelling team.

Artificial intelligence may drive many of the (re)insurance industry’s functions in years to come, but hiring top talent alongside it will be key to the sector’s future success.

The Ed CEO warned China will challenge London’s position.

The executive says Ed will be run independently from Besso after it joins the BGC stable, with no synergies targeted.

The Nasdaq-listed company also owns London broker Besso.

The broker has recruited Patrick Jordan to direct its marine segment.

PE interest in brokers is currently intense, with multiples for insurance fee businesses now sky high.

No bank has yet been appointed but Lightyear likely to look to exit soon.

Souvik Goswami will also oversee India and the Indian sub-continent.

The broker is building out its Channel Island presence.