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The long-serving Aon broker specialises in the placement of cruise portfolios and Norwegian accounts.
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Panellists at Insurance Insider’s LMC also noted a lack of C-suite engagement in renewables.
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Envelop Underwriting will bring all the firm’s underwriting into one framework.
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This follows Ascot hiring Charlotte Brotherton-Farrell.
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Lonmar, Decus Insurance Brokers and BdB will come under the Bridge Specialty International banner.
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Fidelis 3123 and NormanMax 3939 were the first syndicates to adopt modifications.
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The storm caused major damage to one of the drinks company’s warehouses in Tennessee.
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D&O and D&F are also facing increased competition, but property remains price adequate.
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Their new guide sets out the factors (re)insurers should consider when defining a major cyber event.
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The broker said that pricing dynamics would require careful management, but adequacy remains
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The D&F market now expects 2025 renewals to be flat to down 5%
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Chris Terry is joining from Apollo to run the cargo book, and TMK’s Louis Robertson will build the specie account.