Liberty Mutual
-
Nicholas Ferrari will be based in Sydney and head up transactional liability in Australasia. -
The suit is the latest in a series of Covid-19 BI legal actions hinging on aggregation brought against insurers.
-
The parties gave their final submissions following a legal hearing that has lasted over two weeks.
-
The insurers also claimed that Stonegate’s desired treatment of furlough payments would lead to it being ‘over-indemnified’.
-
The pub company is looking for a payout at every one of its 760 premises, whilst insurers claim it is entitled to a single limit.
-
The pub chain has claimed in court that it is entitled to separate payouts for each of its 760 venues.
-
Aggregation is the main issue in the landmark case brought against MS Amlin, Zurich and Liberty Mutual.
-
Sweeney was also appointed to the mutual’s board of directors, effective immediately, as he is set to become Liberty’s 10th CEO in its 110-year history.
-
The new hire joins from Axa XL, with a background at Hiscox.
-
There have been numerous exits and entries in the class following major Covid-19 losses.
-
Plus this week’s Q1 results and all the top news of the week.
-
The executive will be replaced by current deputy Phil Hobbs.
Most Recent
-
Lancashire offers to buy out Names on Syndicate 2010
01 July 2025 -
Hadley set to leave MCI Syndicate 1902 for Starr
01 July 2025 -
Vantage’s Patel joins Aon as FI industry lead
01 July 2025