WTW
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The broker announced the launch of its cross-class facility this week. -
Placement head Delchar said Gemini will be available across its global book of in-scope risks.
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The broker has been on an aggressive hiring spree overseen by Lucy Clarke.
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The airline has exercised a break clause to renew its cover six months earlier.
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However, group organic growth among public brokers has slowed to pre-pandemic levels.
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AIG leads the all-risks cover and Axa XL is the hull war lead.
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Verita leadership and staff will remain intact and “seamlessly functional”.
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WTW is “particularly interested” in growing markets like wealth management with bolt-on M&A.
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The claim could add pressure to the hull war market after a recent High Court ruling.
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The broker has recruited from its rival as it looks to launch Willis Re 2.0.
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The latest hires follow Rob Hale’s move to Willis.
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