Transactional liability
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Last month, Combarro announced his exit on LinkedIn after 17 years at Lockton.
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In North America, the median W&I claim payment in 2024 was $5.5mn, the highest on record.
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Henk Bijl joins from Aon, where he has worked for the last 25 years.
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Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
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The trend is expected to be most pronounced in the Middle East, the survey found.
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There have been several personnel moves in the fast-growing tax insurance space recently.
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Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.
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In January, 32 Acquinex employees resigned, with 22 moving to Howden’s underwriting arm.
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Greg Branagan joined Mosaic in 2023 as AVP, tax underwriter, within TL.
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Michael Brooks, SVP, head of transactional liability, will be taking over temporarily.
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Their next destination remains unknown.
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These resignations come as many former Acquinex employees begin their new roles at Dual this week.
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