Faraday
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Nick Frankland will succeed Martin Pike as chair in May.
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The Lloyd’s business recently launched into the energy class under the leadership of Richard Pursey.
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The outgoing accident and health (A&H) head said he would be working his notice period and hadn’t yet decided on his next destination.
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The hires are the latest in an Aquiline Capital and Abry Partners-backed diversification effort.
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The underwriter will take over as head of property treaty.
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