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The Lloyd’s business secured a $90mn investment from Alchemy in 2021. -
There is the prospect of fragmented appeals and uncertainties around reinsurance recoveries.
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The broking CEO was honoured for services to the insurance industry.
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The managing agent for Syndicate 609 has been involved in an M&A process this year.
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Peter Montanaro retired from his role as market oversight director at Lloyd’s in May.
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Nick Line has spent 28 years at Markel, where he has been CUO since 2018.
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Phil Furlong has been made head of underwriting and oversight, a newly created role.
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CEO Caroline Wagstaff called for a “tailored and proportionate” approach to regulation.
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The executive brings nearly 30 years of liability experience to the role.
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The pair is looking to provide investment and strategic advice to early-stage firms.
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Logue replaces Richard Barke, who is moving to a senior leadership role at Asta owner Davies.
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Sources told this publication the hull of the aircraft is valued at $80mn.
