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Several Marsh energy staff have defected to WTW over the past 18 months. -
It is understood that supporters include Munich Re and Brit.
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The upstream market is now in softening territory, with capacity still abundant.
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Energy has been one of the busiest lines across the market for staff turnover this year.
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It is understood that Lectio is now at ~$160mn of premium and could rise to $270mn next year.
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Jack Palmer and Toby Hanington are also joining the firm, as previously reported by Insurance Insider.
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Marine and energy were the busiest lines, driven by high competition for talent.
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The broker will track and rank carriers’ response times.
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Alex Nelson will work as head of power and renewable energy at the carrier.
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Andrew Draycott is to stay on "for the foreseeable future".
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Samer Ahmad was with Marsh for more than seven years.
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The carrier is believed to be restructuring the leadership of its London specialty business.
