North America
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The broker’s planned US talent raid is in keeping with its audacious history. -
The insurer denies it is responsible for the actor’s legal fees.
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The impact on the (re)insurance market has been muted due to its strong capital position.
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The former Lloyd’s CEO is also eligible for a target $5mn annual equity award.
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The expansive European broker is targeting Mike Parrish’s team and former McGriff staff.
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Alcor has also opened an Atlanta office, broadening operations in the US market.
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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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Claims were concentrated in the US, with a significant increase in D&O class actions.
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The technology will help analyse growing and emerging risks, especially climate change.
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The losses were below May’s $777mn, but almost 3x higher than for June 2024.
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