WTW
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Willis has been adding brokers to its aviation unit in Europe and the US.
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Willis’ continued reinsurance build-out has targeted London and Bermuda marine and retro specialists.
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The Atrium-led cover renews after the multi-billion-dollar High Court ruling.
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Air India has a multi-year insurance arrangement in place.
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Sources told this publication the hull of the aircraft is valued at $80mn.
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Brokers across London and Bermuda have handed in their notice to join the start-up reinsurance broker.
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The Bermuda-based team is led by John Fletcher.
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The broker is launching a reinsurance arm in partnership with Bain Capital.
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Saul Nagus is the latest from Marsh’s aviation unit to join WTW.
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Willis has made a series of aviation hires on both sides of the Atlantic in recent weeks.
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Plus the latest people moves and all the top news of the week.
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