Operations/tech
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The resignation comes as Willis moves towards completion of the mega merger with rival Aon.
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The acquisitive broker looks to compete with PE houses through its new platform. -
Richard Foster previously worked at Agile Risk Partners and Zurich.
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The Syndicate 2791 founder pins wording issues on the “nefarious activities of the broking houses”.
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Maxine Goddard and Rachael Dobie will be senior vice president and assistant vice president respectively.
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Lloyd’s has completed its initial consultation with brokers and underwriters about the future of the room following the end of lockdown.
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The four-strong team writes a book of business with a US-domiciled focus.
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Senior executives Michael Owen and Hussain Ahmad will jointly lead the new venture.
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The German carrier is reportedly wary of Chubb’s bidding firepower because of the lack of synergies any takeover would yield.
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The London company will use the funding to expand into new territories, develop new products and improve distribution.
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The potential disposal may help to alleviate competition concerns within the French market.
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The pair will depart after around a decade with the carrier.
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