Operations/tech
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The broker has worked at Aon for 18 years, most recently as executive director for financial lines.
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Owner Tawa had in 2015 made a failed attempt to sell the run-off business, whose book includes asbestos and other health liabilities. -
Retro specialist Richard Wheeler will head the unit, which will focus on sourcing third-party capacity.
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Stay awards risk deferring problems, with staff remaining in place who intend to leave post-payment.
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The change is an early sign that MMC’s raids on Willis are bearing fruit.
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Scott Leney, who has been Marsh Australia CEO since 2015, will also become MMC Australia’s corporate country manager.
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London is yet to test the value of that intangible social capital which makes the market tick.
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Third Point’s current CEO Malloy called the timing of the deal ‘critical’ as the 1 January renewal looms.
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The accelerator programme will focus on data and models, new insurance products and markets and Covid-19 response.
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CEO targets investment from ILS community as he heralds hardening market.
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Adam England will take on Beat’s existing portfolio and redevelop it via a new cell called Satinwood.
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In June the 180-year-old insurance services business picked former Axa Corporate Solutions CEO Rob Brown as CEO.
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