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While M&S had a cyber policy in place, Co-op and Harrods did not, Insurance Insider revealed. -
Trade credit rivals Coface and Awbury are also entering the market.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.
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The broker called on carriers to expand coverage into new specialisms.
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In January, 32 Acquinex employees resigned, with 22 moving to Howden’s underwriting arm.
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The aircraft lessor has booked $654mn in settlements from insurers over the past year.
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New entrants to the line of business have heightened competition for talent.
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Willis has made a series of aviation hires on both sides of the Atlantic in recent weeks.
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TMK formed its specialty reinsurance unit last year.
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M&S, which still faces disruption from the attacks, had coverage lead by Allianz.
