WTW
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London head of P&C and construction Garret Gaughan said there will be more hires to come in the new year.
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He is based in Miami and will help build out he broker’s environmental liability operation.
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The reinsurance broker says interest in sidecars has picked up, though investors’ criteria is stringent.
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The CEO added that he was pleased with the progress of Tranzact following the July acquisition. -
The report showed record levels of funding but also emerging geographies, a changing funding composition and renewed B2B focus.
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Overall InsurTech funding for the first nine months outstrips the 2018 total, the broker says.
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A panel of upstream energy experts at the Energy Insurance London conference nevertheless see opportunities from the transition to renewables.
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Nancy Woode takes on the remit after leading the broker’s south Atlantic business region.
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The pair will join fellow Willis alumnus Julian Martin at the start-up.
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Capacity withdrawals and major losses are leading to a firming market, the broker reports.
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The Insurance Insider lays bare the dynamics in the $4.5bn market in the wake of the MMC-JLT deal.
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Level of perceived risk drops across all classes of business in the absence of attacks to rival the scope of 2018’s NotPetya and WannaCry.
