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The underwriter has over 20 years' experience in the construction insurance sector. -
The deal ends Livingbridge’s two-year attempt to sell the UK broking/MGA platform.
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The carrier is looking to take a lead position in energy-transition risks.
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Henrietta Butcher leaves Tysers after decades with the broker.
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City firms have introduced perks of extending working from home periods and half days in summer.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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James River said the court was right to dismiss the fraud case.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”.
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