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The rise of technology has made our lives exponentially easier. The iPhone I carry around with me means I can be contacted at any time of day on all manner of platforms – calls, text, emails, WhatsApp, Slack, WeChat and more.
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Derivative actions and social inflation have created a significant uptick in claims activity.
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Daly has joined a new broking and investment banking platform recently launched by Cobbs Allen.
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Ariel Duris said heavy regulation means the industry submits fewer claims than other sectors.
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The changes come as regulators target more individual directors with enforcement action.
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Sompo GRS mid-market leader Matt Burns will oversee the small business team.
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The second quarter rate uptick compares to low single digit increases achieved in the prior year period.
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The underperforming division is working to reduce annual gross premiums written by $900mn.
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Axa XL has named Simona Fumagalli as head of financial lines for Europe.
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Professional lines underwriter Lillies joins from Everest Re.
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The Citibank-run sale process attracted interest from The Hanover.
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Lloyd’s underwriters, Arch and Lexington will need to reach a new accord with victims of Allen Stanford’s $5bn investment fraud.