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The broker has launched a company market section of the facility called Encore.

Some of the Big Four are slowing growth as the market softens.

An announcement is expected tomorrow.

Based in London, the executive joined BMS nine years ago after a stint as MD at AJ Gallagher.

Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.

The hire is part of a wider expansion across Willis’s specialty business.

Of the 178 passengers and crew on board, no serious injuries have been reported.

The property and specialty insurer reported underwriting profits of $131mn ($170mn).

Plus, the latest people moves and all the top news of the week.

Lloyd’s hopes to protect healthy pricing, but focus is on broader structural market shifts.

CUO Rachel Turk said some syndicates were showing a “mismatch” in ambition and strategy.

The Corporation said pricing within aviation was “almost certainly inadequate”.