Operations/tech
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The organisation will also undergo a strategic review to reassess member support as they work remotely.
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The London-based investor says its 20% stake in the Australian MGA is now worth $10.5mn.
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Insider Hannah Tindal will move from Chicago to London to take the role of D&O head within the London regional unit and Nordic team.
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A bias towards quota share is the well-trodden route for start-ups and while it came with benefits for the class of 2020, there were also challenges. -
The experienced market practitioner has worked on over 30 closed legacy transactions.
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The appointments comes after launches in Hong Kong and Singapore.
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Market executives familiar with Tiernan suggested that his skillset is a good match for the broad role as Lloyd’s looks to progress a new generation of leadership.
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Former controlling shareholder Carlyle will re-invest for a minority stake in the Brendan McManus-led broking group.
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The Marsh JLT-owned business specialises in cover for floating power and desalination operations.
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The company expects reinsurance to provide 78% of its $2.5bn gross written premium target.
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UK chair Tim Cox will step down in March, as will NED David O’Connor.
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Howard Burnell’s sentence also includes court and compensation costs, a restraining order against his former partner and a tagged curfew.
