Howden
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The Hyperion CEO reaffirms his commitment to independence and strategic acquisitions.
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The broker will focus on Turkish, Greek and Cypriot business, as well as global war risks.
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Broker’s 1.1 report notes uptick in rates for property cat and non-marine retro.
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The move is part of Howden’s expansion in the Turkey, Middle East and Africa regions.
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Marcia Rosset and Mike Dumenil are set to join the business.
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The Hyperion X analytics head said the process would be “painful and nerve-wracking” but would enable more trading opportunities.
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Interim group CFO Richard Houghton will leave later this year.
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Latest move in the disrupted aviation broking sector.
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The underwriter is expected to arrive at the broker at the start of 2020.
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Andy Bragoli, currently CEO of RKH, will lead a new UK broking executive.
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Mark Shumway will rejoin David Flandro at the newly launched Hyperion platform.
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The former JLT Re executive takes a managing director role at the new operation.
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