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The UK broker is still in talks with Mubadala about a standalone investment in the business. -
The Applied Underwriters unit has been building out its product base in the London market.
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Chris Gray joins from Axis, where he was global head of marine reinsurance.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
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Judith Zeleny brings over 35 years’ experience to the role.
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Alex Amezquita will fill Cahill’s previous position as CFO.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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Trevor Oates will be responsible for ceded reinsurance purchasing.
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The business will still look at large non-life deals in particular in-the-money ADCs.
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From where to prioritise investing to managing slower growth, there are tough balancing acts ahead.
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The worsening of extreme weather is becoming a global problem, presenting data challenges.
