WTW

Scott Morrison, who has more than 25 years' experience, was co-head of the trade credit excess-of-loss team at Canopius.

The news comes after this publication revealed Kerrigan Read is also set for WTW.

Luis Maurette, current head of Latin America and head of global sales and client management, will retire on December 31, 2022.

Laurent Belhout will become head of France, while André Lavallée takes up the newly created role of head of corporate risk and broking in France.

Peru’s state-owned firm Petroperu has said that the broker designated to run its account was chosen as a result of a “technical evaluation”, following local media and Inside P&C reports that WTW had won with the highest bid in the process.

Before his appointment, the executive served multiple senior leadership roles within the division across Germany and Northern and Central Europe.

Sudhir Modhvadia will be based in London and report to head of facultative Alex Shepherd.

Fabien Conderanne most recently held the role of head of financial solutions for Asia Pacific.

Victor De Jager will be based in Amsterdam and report to Garret Gaughan, head of D&F, and Anne Pullum, head of Europe and CRB, Europe.

Insurers have expressed concerns about hitting the 2023 deadline for the regime.

Of the companies surveyed, only 2% did not consider their reputation a standalone risk.

It is understood that the account includes oil platforms, crude barrels and 12 vessels, and is one of the largest accounts in the South American country.