Operations/tech
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The division will have a maximum capacity of $50mn for any one risk, with up to $250mn of syndicated capacity via the US.
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IGI is set to launch into the contingency market and has appointed underwriter Emily Clapham to lead the entry into the class, Insurance Insider can reveal. -
Senior CorSo executive Ashley Hirst will take over innovation and transformation responsibilities at the primary unit.
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Nicolas Masjuan and Christian Müller are joining the management board as Camillo Khadjavi departs.
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The Lloyd’s investment company has raised $53mn to finance more LLV acquisitions.
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The business signals expansion into complementary lines after its 2018 reset bears fruit.
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The deputy CEO said businesses are often too focused on the short term, as he outlines his ambitions for Convex.
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In a second hire within the broker’s offshore wind team, Sarah Burston returns.
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The deal will transfer legacy Pembroke business that still sat with Liberty Mutual Group for the 2018 and prior years of account.
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Simon Moore has joined Lockton Re as a senior broker in the company’s non-marine retro and property specialty team, based in London.
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The former RSA CFO has been UK and international CEO since 2019.
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The division had been led by group CEO Kevin O’Donnell on an interim basis following Aditya Dutt’s departure.
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Daily Digest: Top news from 11 September
11 September 2025