RSA

The newly united company has set out ambitions to double in size by 2030.

Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.

Tovah Grosscurth replaces Sonya Bryson, who has left the commercial lines business.

Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.

The underwriter will relocate to the London market from Genoa.

The appointment comes following several resignations in Travelers power and renewables division this year.

The terms of the settlement have not been disclosed.

The carrier's UK portfolio will no longer be written with an in-house team.

He joined RSA in May 2018.

The carrier has also hired Henry Henderson from Liberty.

The Build consortium will target sectors including renewables, power, waste to energy, infrastructure and innovation.

The sale of the carrier’s home and pet operations includes an initial cash consideration of £82.5mn, with the potential to earn up to £32.5mn more.

Deans joins from CNA Hardy, where she was a property underwriter since 2010.

The executive will work to grow the company’s MGA proposition and expand in key international markets.

Intact and RSA will pay a £520mn cash consideration for the brokered commercial lines operation.

The carrier has received approval from the UK Financial Conduct Authority for the £550mn sale.

The Manchester-based role will see Houghton managing the firm's financial risks portfolio.

The executive has worked at RSA for the past 19 years in actuarial and finance roles.

The carrier said a post-Covid rebound in travel was creating opportunities in the A&H sector.

The news comes after it emerged last week that RSA was launching into the superyacht class of business.

The underwriter moves to NorthStandard following the recent merger of North and Standard Club.

Adeyemo is stepping into the role soon to be vacated by current UK construction lead, Trevor Chainey, who is retiring after a 45-year career.

Chubb has experienced high turnover within its marine team in the past year.

The move is designed to improve the strength and sustainability of the UK and international business.

The carrier aims to achieve an energy underwriting portfolio that is 75% low-carbon in seven years’ time.

Neil Cryer joins from CNA, where he spent nearly seven years as head of property D&F.

The appointment comes amid a flurry of movement within the construction class.

Two of the carrier’s underwriters were hired by new entrant IQUW to build its book of business.

The announcement follows Intact and Tryg’s acquisition of the business earlier this year.

Both underwriters used to be colleagues in the marine hull team at RSA prior to Stuart Forsyth’s departure.

RSA’s London Market and European specialty lines teams are to set to join forces with Intact’s global specialty team, following Intact’s acquisition of RSA’s UK & International business (UK&I) in June.

Andy Jones will lead RSA’s risk consulting team and starts his new role with immediate effect.

Lawyers argue the hotel’s claim is similar to that of four pubs against FBD, in which the courts found against the insurer.

The newly acquired carrier has confirmed a payout of £80mn for UK Covid-19 claims so far.

Intact seals the sale just days after the completion of the larger takeover.

The information-gathering exercise for large insurers and banks won’t dictate capital requirements.