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The soft market continued through H1 2025, especially on shared programs.
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The LA wildfires accounted for 59% of loss activity over Q1.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
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Niala Butt joins from CNA Hardy, where she was casualty claims manager.
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The measure could have landed insurers with extra tax on US business.
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The deal puts an equity value of £275mn on the broking firm.
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There are now 14 new companies writing homeowners’ policies in the state.
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Property rates are coming under further pressure, while liability is being buoyed by ongoing challenging loss trends.
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The event was co-hosted by The Fidelis Partnership and IDA Ireland.