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Surging capacity suggests broker facilities are now refined enough to be a long-term feature. -
The movers include former line underwriter for major property D&F, James Robertson.
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The carrier attributed the intensification of storms this season to climate change.
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The broker facility is led by Beazley’s Smart Tracker Syndicate.
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The MGU also announced a string of promotions to leadership, including RWI CUOs and a new head of Europe.
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Chris Nixon has been promoted to underwriting manager, executive & professional lines, UK.
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The commercial chief said Aon will avoid disrupting clients’ insurer relationships.
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The executive is currently Asia Pacific CEO.
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A resurgence in IPO activity may help provide new business for underwriters and reduce competition.
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The Lloyd’s market chief stressed the need to grow into new classes and took aim at DA management.
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Andrew Draycott is to stay on "for the foreseeable future".
