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The broker is launching a reinsurance arm in partnership with Bain Capital. -
The reinsurer has also appointed Mehdi Benleulmi as global head of credit.
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Tovah Grosscurth replaces Sonya Bryson, who has left the commercial lines business.
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Future claims handlers could be "bionic adjusters” empowered by technology.
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The London market is not expected to shoulder the bulk of the eventual loss.
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She replaces Matthew Sheppard, who has become deputy CUO in London.
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The man is alleged to have conspired with others to falsify LOCs and collateral letters.
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Plus, the latest people moves and all the top news of the week.
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The new Lloyd’s chief of market performance also outlined target growth areas.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The number has expanded by around 40% from an earlier update, sources said.
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
