Operations/tech
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The deal will lift GWP handled by the broker-aggregator by more than three quarters to £1.6bn.
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The local underwriting head steps up to run the Irish operation.
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The continued expansion comes amid tough competition for talent in the hard D&O marketplace.
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The new recruit led casualty at Neon before the operation was shuttered last year.
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A decision is likely in the next month over whether to proceed with the London Stock Exchange listing.
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The risk modeller pledges to review the offer but says its $6bn agreement with the PE firm still stands.
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Tim Wakeman has worked across the space and aviation sector at Aon, Willis and UIB.
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The Asta-managed syndicate is understood to have failed to attract sufficient capital and is still searching for backing.
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The executive joins after a decade at PartnerRe and will have a dual focus at the broker.
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Competition has ramped up over the last two years and now represents a threat to returns.
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The Ardonagh-owned broker has drawn from Ed, Marsh and KM Dastur.
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