Starr
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Corton has worked at Hiscox since the end of 2020 and is the chair of the LMA’s Joint Cargo Committee. -
The underwriter joined CNA Hardy last year amid a flurry of people movement in the D&O market.
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The appointment comes amid a flurry of personnel movement in the A&H class of business.
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The move comes as the London market continues to suffer from a lack of cyber capacity.
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In his new role, Colin Buchanan will manage a team of 14 underwriters writing cyber, D&O and general liability.
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Incoming capacity to the marine market over the past year has led to an easing in rating momentum.
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The case is the latest US suit regarding whether physical damage is required to trigger BI payouts.
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Plus the implications of the X-Press Pearl sinking and all the top news from this week.
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The insurer has been expanding its marine presence in London.
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The recruit, who was previously Catlin’s cargo class underwriter, will join the company on a temporary basis as it builds in London.
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The new director brings experience from AM Best, Generali and Lloyd’s, among other companies.
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Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.
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