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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro. -
The average change for primary policies with the same limit and deductible was a 3.5% decrease.
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The executive has worked in a variety of senior underwriting roles at the reinsurer.
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The executive spent 43 years with WTW before joining Gallagher through the Willis Re sale.
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The process will be led by Tom Hicks, consultant, UK head of insurance at Russell Reynolds.
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Clarke and Delchar, who were instrumental in building Marsh Fast Track, will lead the launch.
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Miller said the purchase would be its most significant since returning to independence in 2021.
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The offering will provide D&O, professional indemnity/errors and omissions, crime and cyber cover.
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Parker has worked at Ardonagh-owned Paragon since 2012.
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Parker headed up the special risks division.
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A roundup of all the news you need, including the resignation of Darag’s head of UK M&A.
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Gay has spent more than two years at Mosaic, having joined in November 2022.
