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CEO Carl Hess said WTW is entering 2025 with “considerable momentum”. -
The executive was CFO of Marsh Specialty and Global Placement.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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The average change for primary policies with the same limit and deductible was a 3.5% decrease.
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The offering will provide D&O, professional indemnity/errors and omissions, crime and cyber cover.
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Parker has worked at Ardonagh-owned Paragon since 2012.
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The council has begun gathering data to assess the insurance impact.
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The company’s reinsurance business also has some exposure, the executive said.
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The MGA and 49% owner SiriusPoint could bring in a new investor.
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QBE remains the lead insurer for the vehicle.
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This follows a ruling to declass the representative proceeding filed against IAL.
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Claims related to California wildfires are "fairly insubstantial" to date, executives said.
