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Louis Tucker established and later sold Barbican Insurance to Arch in 2019. -
How does Lloyd’s plan to secure its future as a leading global marketplace?
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Losing senior women creates a knock-on effect as juniors lose role models.
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The mortgage insurer said Inigo will continue to operate as a standalone business.
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The CEO said the lack of portfolio crossover was highly attractive to Inigo.
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More general issues at recruitment level include drawing from too narrow a pool.
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The US mortgage insurer announced its $1.7bn acquisition of Inigo earlier today.
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The 2024-25 period has been the worst on record for claims, with costs of $775mn+.
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Organisations were challenged to address systemic DEI failure rather than play “word salad” with labels.
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Inigo executives told Insurance Insider last year they were weighing up the casualty treaty market.
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The broker said insurers were facing increasing pressure to improve financial performance in claims.
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It said the loss did not reflect the underlying economic performance of the business.
