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Their next destination remains unknown. -
The exec will lead key initiatives including Aon United, and work closely with NFP.
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The new CEO said recent purchases were designed to protect earnings volatility.
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Sources suggested that the multiple could be as low as the 13x range as valuations reset.
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Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
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The CEO said Ascot would deploy capital where it sees opportunities.
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Aviva and Direct Line struck the landmark deal in December.
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New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
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Soft conditions have led to “less acute" underwriting discipline, sources said.
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The headcount at the start-up now stands at around 40.
