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It will have a maximum line of over $20mn and allow members to adjust lines on a risk-by-risk basis.
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Wirecard collapse threatens huge loss; Apollo and Argo deals revealed; inside the AGCS turnaround.
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The pull back of a key lead market comes at a time of significant hardening in the D&O space.
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He replaces Chris Mauduit, who has retired after leading the team for the previous five years.
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The veteran broker will help diversify the firm’s product offering.
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Expert testimony will be needed on vicinity point if FCA opts not to amend its original argument by Friday.
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The new hire comes amid fierce competition for talent in the broking space.
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The rebranded JC Flowers-backed vehicle sets its sights on D&F expansion.
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ReStart, Recover Re and Black Swan Re aim to address the short-, medium- and long-term risk associated with Covid-19 and future systemic events.
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Reinsurers demand exclusions and rate rises in all classes amid pandemic uncertainty.
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The latest damaging D&O loss comes as the market hardening continues to accelerate.
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The campaign group wins the right to intervene in the key BI Covid-19 action.