-
The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke. -
The newly established wholesaler is building out its staff base.
-
The underwriter departed Allianz earlier this year.
-
The broker has started hiring in London, taking Tysers D&O specialist Dan Lovett.
-
The broker will join Ron Borys’ financial lines team.
-
Property pricing fell by 8%, while casualty rate increases tapered to 3%.
-
The Jay Rittberg-led program manager kicked off a strategic process in August.
-
The broker will report to Howden US CEO Mike Parrish.
-
A Lloyd’s consortium led by Beat Syndicate 4242 backs the MGA.
-
The carrier is planning a limited relaunch into the UK D&O market.
-
The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
-
Ariel Berman joined the company as head of specialty in 2023.
-
Plaintiffs allege that manufacturers and retailers have broken environmental laws.
-
The new division will be led by Terry Fitzgerald, who has previously led the finpro portfolio.
-
Plus, the latest people moves and all the top news of the week.
-
Rates are bottoming out, but ample capacity is still preventing a hardening market.
-
Assurex’s global independent broker network pumps $4bn of premium into the London market.
-
Worsening trading conditions in the D&O market are leading to staff cutbacks.
-
The broker has been on an aggressive hiring spree overseen by Lucy Clarke.
-
Company alum David Murie will lead the new business unit.
-
A number of staff will be leaving the D&O team as a result of the restructuring.
-
The move will impact around $50mn of gross written premiums in total.
-
Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
-
Emerging lawsuits and expanding loss triggers are giving rise to potential claims under a range of policies.
