Service provider

Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.

The executive will define strategic priorities and guide global growth.

CEO responsibilities will be shared by Chris Newman and Tanya Krochta.

Most of the industry losses occurred in Austria, the Czech Republic and Poland.

Brokers and service providers dominated transaction activity.

Stuart Cheers-Berry was delegated underwriting authority controller at PoloWorks.

Followers will automatically support primary or excess Inigo quotes.

Karl Haynes, Managing Director for Wholesale Claims at Tysers Insurance Brokers, explains how advancements like AI and drones are transforming the insurance claims process, improving efficiency and transparency in the London market.

The role at PCS included acting as primary touchpoint for ILS.

The claims and services provider has now launched the process it postponed last year.

The executive will retain an advisory role with the wholesale broker.

The industry loss number has increased threefold from an initial $5bn pick.