Liberty Mutual
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Martin Vince replaces Laura Burns, who was recently appointed head of client management at LSM.
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Many policyholders are likely to receive larger payouts following the judgement, but a worst-case scenario has been averted.
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Stonegate’s case is seen in the market as a key precedent for the aggregation of BI claims.
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Liberty Specialty Markets said it was still fully committed to writing aviation risks.
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Consortium 7763 will write risks on behalf of Aegis, Antares, Apollo, Axis, Chaucer and Munich Re.
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Ankita Dutta joins from Zurich, where she was lead underwriter for the credit and political risk book in Singapore.
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The hydrogen industry is a key pillar of the energy transition, but securing insurance coverage is challenging.
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Clubs including Arsenal, Aston Villa and Leicester City are claiming against insurers.
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The firm also hired Aspen’s Crystal Ottaviano as global risk solutions chief risk officer.
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A steady flow of litigation relating to Covid-19 BI is hitting the courts, despite the completion of the FCA test case last year.
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Nicholas Ferrari will be based in Sydney and head up transactional liability in Australasia.
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The suit is the latest in a series of Covid-19 BI legal actions hinging on aggregation brought against insurers.
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