Operations/tech
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The broker said that businesses not investing in AI capabilities would be left behind.
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The executive said the market would be updated on progress in late April.
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The product supports investors of early-stage carbon removal projects.
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The business offers parametric windstorm coverage.
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He also joined Everest’s board last week as an independent director.
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The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.
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The product provides primary and excess coverage limits up to £5mn.
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Navigating its path to global specialty growth will require operational dexterity.
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The executive said the firm had to focus time and investment on the most meaningful projects.
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The group will house a segment for specialty and benefits and another for underwriting.
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The insurer has participated on McGill and Price Forbes facilities, as well as Amwins.