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Aviva increases its offer to 275p per Direct Line share.
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The executive said that capital, tech and algorithmic capabilities would help the structures endure.
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In Partnership With Allianz CommericalThe proliferation of broker facilities has been a growing trend – but is it just a symptom of the market cycle?
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The cargo market has recently seen a string of moves as new carriers launch into the market.
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Barry Stiff is expected to join Aon in May.
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The carrier has also promoted James Glynn and James Thomas.
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It estimated insured losses from nat cats on track to exceed $135bn in 2024.
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Jack Palmer and Toby Hanington are also joining the firm, as previously reported by Insurance Insider.
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Jon Thacker has been at WTW for 20 years, specialising in construction.
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Surging capacity suggests broker facilities are now refined enough to be a long-term feature.
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The firm is seen as an outstanding competitor to larger rivals in credit and political risk.
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The movers include former line underwriter for major property D&F, James Robertson.