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The global broker has beaten off competition from AJ Gallagher, and a number of other strategics. -
Insured losses for 9M 2024 have hit $102bn, according to a report.
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn.
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The pair will report to Imea CEO Julian Samengo-Turner.
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The MGA said there was a “notable imbalance” between supply and risk exposure in the D&O space.
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The launch will add to a marine portfolio which already includes cargo and reinsurance accounts.
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A roundup of all the news you need today, including Price Forbes’ new Bermuda CEO.
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Ball will succeed Jeff Poliseno, who is set to retire.
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Ralph Beutter, currently the board member responsible for specialty lines, is set to retire in May 2025.
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The carrier is looking at a $600-$900mn hit from hurricanes Debby, Helene and Milton.
