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Sources expect it to be a couple billion-dollar insurable market. -
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The UK broker is still in talks with Mubadala about a standalone investment in the business.
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The Applied Underwriters unit has been building out its product base in the London market.
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Chris Gray joins from Axis, where he was global head of marine reinsurance.
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The broker has also hired fellow Aon broker Barry Gordon in a role trading ILWs.
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Judith Zeleny brings over 35 years’ experience to the role.
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Due diligence is essential to make sure incubators are backing winners.
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Alex Amezquita will fill Cahill’s previous position as CFO.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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Trevor Oates will be responsible for ceded reinsurance purchasing.
