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The initiative aims to fast-track (re)insurance capacity to Ukraine to support reconstruction. -
Insurers are looking ahead to possible fallout from issues such as cyber risks and the impact of AI on the workforce, while still seeing these new trends as opportunities to capture.
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The underwriter joined Scor in 2020 having previously led the cargo and specie operation at Starstone.
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A quarter of insurers have such bad cyber security ratings that they would struggle to get coverage for themselves.
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The supply-chain finance firm dramatically collapsed in 2021 after its trade credit insurance was pulled.
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The broker said increased reinsurance costs had not been passed onto customers.
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The cargo market is undergoing staffing turmoil as firms vie to secure talent.
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The underwriter led the division specialising in marine and energy liability.
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Three key reports have unearthed issues around capital and lower return period loss figures that may need to be addressed for the cyber market’s maturation, as a pivotal 1 July renewal date approaches.
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Whitehouse’s departure from AGCS was announced earlier this year.
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Previous marine chief Nick Holding resigned from the carrier earlier this year.
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Other appointments in the team include Nick Ayres as chairman of global credit and Doug Espenson named as head of US mortgage.
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