Sompo
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Maxine Goddard and Rachael Dobie will be senior vice president and assistant vice president respectively. -
The pandemic and natural disasters impacted the result by $178mn.
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Flock said the capacity could be used to cover anything from drone cargo deliveries to flying taxi passenger flight.
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The new recruit will run SI’s UK and international property team.
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The business builds its team after securing more than $600mn of backing from Oaktree Capital Management.
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The carrier slashes international unit full-year profit forecasts due to the pandemic and nat cats.
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Mike Connelly was previously The Hartford’s specialty commercial CFO.
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The change expert worked at TIAA and Bank of America.
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The executive joins from Axa XL to take up the newly created role.
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The MGA, which writes on paper from Accident Fund Insurance Company of America, uses AI in its underwriting process.
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Lauren Folkard was Barbican’s cyber class underwriter for just over two years and will be based in London.
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The carrier booked higher natural catastrophes and loss deterioration on its crop book.
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