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Underwriters fear that misleading statements about AI capabilities could result in claims.
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Prior to joining WTW, Morrison has held senior roles at Canopius, and AIG.
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Casper was launched last year by Argenta deputy active underwriter Bradley Knight.
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Prices for programs that renewed in both Q1 2023 and Q1 2024 decreased 15%.
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The US regulator faces litigation from both sides of the climate issue.
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Rates continue to trend downwards in the D&O class of business.
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The move comes as rates continue to decrease in the D&O class.
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A total of 30 carriers entered the US public company D&O space in 2023.
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The team of brokers worked for the recently acquired Protean Risk.
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There is frustration in the market that remediation work has been squandered.
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WTW said the rise of the risk from health and safety was “surprising”.
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