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Goldman will join Ascot next month to take on the newly created role. -
In North America, the median W&I claim payment in 2024 was $5.5mn, the highest on record.
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David Turner previously spent more than 30 years at Amlin.
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Errors and omissions claims made up 55% of all notifications, continuing a five-year trend.
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MillerBoost is the latest broker facility to launch in London.
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Although US pricing is improving there is pressure in other geographies.
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The cost comes in at $530.6bn, roughly $20mn lower than budgeted.
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Sources said NY-based Lee Equity is seeking to extend its investment in the TPA heavyweight.
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The underwriter has worked for RiverStone, Advent, Lloyd’s and AIG.
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The platform will capture and standardise data from all submissions, the broker said.
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The firm believes UK support for policyholders is under-served compared with the US.
