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Contour Underwriting is a specialty lines MGA. -
Iumi expressed concern about the escalation of trade wars.
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New entrants have contributed to competition in the class of business.
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New entrants in the cargo space have caused another round of talent displacement.
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The business wrote the deal through its recently established Lloyd’s syndicate.
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Loss assessment is at an early stage, but senior sources suggested the claim could surpass $1bn.
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The company said the proliferation of new MGAs was “great news” for brokers and clients.
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The appointment comes after the departure of Mark Benbow, who is joining Westfield.
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Robin Hamilton has been appointed head of energy and marine liability.
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Aon is in hiring mode following the departure of several senior brokers to Howden Re.
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The Swiss insurer will continue to write the class of business from its French office.
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The move marks a return to underwriting for Michelle Boyd, who worked at Axa XL and HDI.
