Product recall
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The MGA is expected to launch a product-recall portfolio in September.
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Plus, the latest people moves and all the top news of the week.
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The increased tariff on China trade could drive up the loss quantum on the SharkNinja recall and others.
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Plus, the latest people moves and all the top news of the week.
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Starr and Axon also are among those exposed to the Marsh USA-placed $40mn line.
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Amie Townsend will be responsible for developing Beat’s UK and Europe platform.
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The associate director is exiting the broker’s product recall team after 10 years.
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In the food and beverage market, rates are falling by an average of 3%-4%.
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The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
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The carrier also confirmed the appointment of Ian Davidson as senior underwriter.
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Axa XL’s product recall team was depleted after two senior underwriters resigned in January.
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Both Schlesinger and Sandford will report to Matt Humphries, head of crisis management.
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