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The broker replaces Louise Nevill, who is joining Axa XL as CUO for specialty. -
The CEO transition is already visible in messaging on growth as rate change picks up.
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Greg Branagan joined Mosaic in 2023 as AVP, tax underwriter, within TL.
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Andrew Kane has spent eight years at QBE.
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The reinsurer’s CFO cited a 1.5% net price reduction year to date.
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Delegates welcomed the FCA’s red-tape cut, but said more is yet to come.
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Lloyd’s CUO said established broker facilities were “big enough”.
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Large natural catastrophe losses totalled $570mn in Q1, driven by the LA wildfires.
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Sources said MarshBerry was retained earlier this year to run the sale.
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Are intermediaries facing tougher times as the broking supercycle winds down?
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Michael Brooks, SVP, head of transactional liability, will be taking over temporarily.
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The programme will succeed the previous buyback launched in 2023.
