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Since 1 January, the market’s potential descent into freefall has been closely watched. -
Proving war-on-land coverage has been challenging, given the lack of reinsurance cover available.
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The carrier also confirmed the appointment of Ian Davidson as senior underwriter.
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John Silcock was CEO of entertainment broker Robertson Taylor.
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The news follows an announcement from the MGA last week that it has taken a Lloyd’s box.
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The status was achieved thanks to the MGA’s insurance partner, Apollo Underwriting.
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Parametric triggers are likely to involve financial losses and a number of impacted businesses.
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WTW is looking to strategically hire across its business, having rebuilt its team following the failed Aon merger.
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Cyber physical damage cover has also been added to the facility.
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The broker has also placed a new cyber facility.
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Ian Gooch will be stepping down as CEO after 15 years leading the P&I club.
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The carrier said it has “moderate exposure” to the bridge collapse.
