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The change reflects the company’s growing profile within the MS&AD group.
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New capacity is fuelling competition for talent in the class of business.
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Cincinnati Global entered the cargo market this year.
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Plus, the latest people moves and all the top news of the week.
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While M&S had a cyber policy in place, Co-op and Harrods did not, Insurance Insider revealed.
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Trade credit rivals Coface and Awbury are also entering the market.
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Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.
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Spicer will transition to a global specialty executive chairman role.
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The majority of the savings are expected to be realised in the retail division.
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The aircraft lessor has booked $654mn in settlements from insurers over the past year.
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The Lord Mayor told the CRO Summit to stop treating risk as a dirty word.