Operations/tech
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The bulk of premiums will be assigned to property, followed by reinsurance and casualty. -
High-quality data and data standards will simplify and speed up both placement and claims, panellists during the virtual (Re)Connect event said.
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The newly created role will focus on broker relationships in the E&S markets.
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Concepts around what the underwriting room could look like will be presented to the market in Q1, the Lloyd’s CEO said.
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Chubb CEO Greenberg's near-$20.5mn pay narrowly beats that of his closest rival.
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The new recruits join from Swiss Re and StarStone.
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Ben Day will join the business later this year and work alongside Jeff Fleming and Nathan Taylor.
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The reinsurer, like other carriers, is currently excluding the peril from events cancellation cover.
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The professional lines-focused underwriter has backing from Gallatin Point and BlackRock.
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The company is seeking a quote for a $100mn policy after previously opting to accept insurance from Musk.
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The move follows Third Point’s $788mn takeover agreement for the (re)insurer.
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Former CEO walks away with only A$310,000 payment after staff complaint.
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