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Syndicate 3705 will begin underwriting on 1 January 2025.
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A roundup of all the news you need today, including an interview with HDI Global UK & Ireland CEO Stephanie Ogden and HDI executive chairman Edgar Puls.
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The company has exited some transactional liability and commercial D&O business.
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James Drinkwater is to serve as vice chair and executive chairman at Amwins Global Risks.
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The carrier revealed new group financial targets at its Capital Markets Day.
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The executive said the combined entity could execute 100-110 tuck-in M&A deals a year.
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The deal represents a 14.3x Ebitda multiple and strengthens Gallagher’s mid-market position.
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The underwriter most recently worked as head of hull and war for Travelers Syndicate 5000.
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The firm has added net headcount of 140 people this year, including hires into its incubation platform Pine Walk.
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A roundup of all the news you need today, including Gallagher’s bid for AssuredPartners.
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The index is a three-year strategic project to track social inflation by analysing personal injury awards.
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If the deal is finalised, it will represent the largest in the acquirer’s history.