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The underwriting executive will support Axis through the 1 January reinsurance renewals. -
The new proposition will offer £10mn primary cover and £15mn limit for XoL.
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The business will offer warranty, A&H and income protection products.
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The new product adds to its existing portfolio of upstream energy and marine and energy liability business.
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A canvassing of the market showed some bifurcation on the necessity of a government backstop.
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MIC Global will become Lloyd’s coverholder of Greenlight Re’s Syndicate 3456 for 2025
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The Lloyd’s spread vehicle failed to meet fundraising deadlines.
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There has been some strategic withdrawal of capital for younger syndicates.
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The political violence market has seen a flurry of new entrants in recent months.
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Jacob has held senior roles at Axis International and Crawford & Company.
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The broker will join the marine liability team within the new Ken Syndicate 3832.
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The appointment follows the departure of upstream head Chris Touhey.
