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The deal comes amidst an expected spell of M&A on Lime Street. -
Willis has been adding brokers to its aviation unit in Europe and the US.
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The availability of capacity remains the market’s key driver, the broker said.
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Bridges had been at QBE for 17 years.
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The challenge now is balancing top-line growth with underwriting discipline amid falling rates.
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The claims specialist spent 30 years at Amlin before joining TFP.
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The former Hiscox Re & ILS specialty underwriter starts on 7 July.
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Rates continue to drop as capacity is ample, the broker said.
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Plus the latest people moves and all the top news of the week.
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The Lloyd’s syndicate was one of just a couple of reinsurance start-ups in the current hard market.
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Clients are increasingly using captives because of uncertainty around long-term capacity commitments.
