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The broker previously held positions at Guy Carpenter, JLT Re and HSBC Insurance Brokers.
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The missive adds to the patchwork of arrangements emerging for existing policies across the 27-nation EU.
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The management liability market underwent huge hardening last year as major carriers withdrew.
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Loss-free accounts are repricing by high single digits but the real battle is over terms. -
The GDV trade association reports below-average losses thanks to a quiet winter storm season.
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The new recruit will run SI’s UK and international property team.
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Major consolidation laid the ground for current new launches, the Conduit chairman suggested.
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Guardrisk argued that its policy did not respond to a general government response to the pandemic.
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The underwriting room will be open on Wednesdays only for all classes.
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The coronavirus pandemic prompted huge change in a sector already dealing with systemic challenges.
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The consultancy said losses were expected to keep mounting following Q4 disclosures.
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The joint venture will focus on mid-market global property business, primarily in the US.
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