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BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.
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Fidelis, Liberty and Hive are among the insurers with the greatest exposure.
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The medical professional liability firm is targeting further healthcare opportunities.
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Claims were concentrated in the US, with a significant increase in D&O class actions.
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The broker said the appointments are designed to drive growth.
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Despite steep rate hikes, premium volume has held steady as players such as SpaceX self-insure.
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The carrier has appointed Roberts Proskovics as renewable energy risk management head.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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The medical liability carrier said the deal marks a strategic shift.
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SiriusPoint will provide 100% capacity for Pen’s international PI portfolio.