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The LMA urges use of AI for enhanced decision making but concerns remain. -
The broker is launching a reinsurance arm in partnership with Bain Capital.
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Tovah Grosscurth replaces Sonya Bryson, who has left the commercial lines business.
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Future claims handlers could be "bionic adjusters” empowered by technology.
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The London market is not expected to shoulder the bulk of the eventual loss.
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She replaces Matthew Sheppard, who has become deputy CUO in London.
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Plus, the latest people moves and all the top news of the week.
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The new Lloyd’s chief of market performance also outlined target growth areas.
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
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The modeller said the insurance market could be exposed to unexpected aggregations.
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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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Jim Meakins is the latest in a slew of talent to exit from the syndicate.
