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Re-marketing of large fleets can result in double-digit rate decreases as carriers chase income. -
The PVT team will be part of a new crisis management unit under Luke Powis.
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The underwriter has been with Westfield since November 2020.
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Some 39% of respondents expect deal volumes to increase in the next 12 months.
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Hopper joined Starr in 2019 and previously worked at Marsh and Zurich.
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The underwriting head has worked in the London market for 25 years.
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The ratings agency said improvements in cyber hygiene, underwriting and policy language were contributing factors.
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The new hires include ex-Liberty underwriter Mike Hart and Gallagher partner Matthew Giddings.
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The transaction is conditional to the completion of the sale of shares in Accredited to Onex.
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Reinsurance sources say the pool targets the wrong aspects of Australian cat losses.
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The multiline MGA was co-founded by Lea's fellow Vantage alum Farhan Shah.
