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A new report put enhanced underwriting at 7% of Lloyd’s GWP with potential for fast growth. -
The recruitment comes amid a spate of hiring for Westfield.
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The company’s net asset value per share is expected to hit £2.06.
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James Cox succeeds James Lee, who is set to retire at the end of 2024.
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CEO Stef Raftopoulos said the company platform will let the operation reach a suitable scale.
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Insurance will be one of five priority growth opportunities in financial services.
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Acrisure’s syndicate launched in 2023 with an $84.4mn stamp.
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The number of Corporation roles potentially impacted remains unknown.
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Good leaders and embracing data are key, panellists said.
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Oak Re is being spearheaded by former RenaissanceRe executive Cathal Carr.
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Panellists at Insurance Insider’s LMC also noted a lack of C-suite engagement in renewables.
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Innovation is moving too slowly, experts said at Insurance Insider’s London Market Conference.
