Editorial Team

McGill and Partners president Joe Trotti dies age 62

McGill and Partners has paid tribute to its president and aviation partner Joe Trotti who passed away earlier this week.

Aon: ILS market set to expand further after 7% growth in 2022

The ILS market is poised for strong market growth in 2023 after expanding by 7 percent year-on-year in 2022, according to a report by Aon.

LSM promotes Owen to global head of FSR

Liberty Specialty Markets (LSM) has promoted Huw Owen to its global head of financial risk solutions (FRS).

Howden CAP strengthens credit and political risks with Marsh’s Strong

Howden has appointed Marsh’s Matthew Strong as the managing director of credit and political risks for its capital, advisory and placement business, Howden CAP.

Airmic: Majority of members predict market stabilisation in 2023

Airmic’s annual member survey into market conditions has revealed that the majority of its members predict a stabilisation or softening of market conditions in 2023.

Miller expands sports and entertainment offering with Moore hire

Reinsurance broker Miller has appointed Steve Moore as an account executive within its sports and entertainment team.

Fema: NFIP Ian payouts reach $2.2bn

The National Flood Insurance Program (NFIP) has paid $2.2bn in claims to Hurricane Ian survivors, according to the US Federal Emergency Management Agency (Fema).

Acrisure announces eleventh UK partnership with Affinity acquisition

Acrisure has revealed its eleventh partnership in the UK market with the acquisition of Affinity Brokers Limited (Affinity).

Allianz Commercial names Swan to lead enhanced claims operation

Allianz Commercial has promoted Eibhlin Swan to its newly created role of head of claims customer delivery.

Dyson to become interim CEO of Lloyd’s Asia until Haddrill replacement appointed

Lloyd’s has appointed Mark Dyson as the interim CEO of Lloyd’s Asia and country manager for Singapore until a replacement for Tom Haddrill is appointed.

Markel expands India offering with Pradhan hire

Markel International has expanded its headcount in India with the appointment of Priyesh Pradhan as a financial lines underwriter for Markel India.

Marco restructures Polo leadership as Sykes departs

Polo Works has strengthened its management team with the appointment of Paul Andrews as Group CEO of the business and subject to regulatory approval Polo Managing Agency (PMA) with Richard Lawson joining the Marco-owned firm as CEO of Polo Commercial Insurance Services (PCIS).

AscotPro adds Beazley’s Gonzalez and IronPro’s Russick

Ascot’s US-focused professional liability platform AscotPro has recruited Beazley’s Nick Gonzalez as vice president of healthcare and Ironshore’s Andrew Russick as vice president of miscellaneous professional liability (MPL).

Kingstone appoints Gravelle as its CFO

Kingstone has appointed Jennifer Gravelle as its chief financial officer (CFO).

PI capacity crisis sees widespread law firm closures

Nine UK law firms were forced to close between July and October due to the inability to obtain professional indemnity insurance (PII) cover according to legal specialist business advisory firm, Hazlewoods.

CII appoints Hancock and West as new chairs of SIB and SOCP

The Chartered Insurance Institute (CII) has named new chairs to two of its specialist communities, with Laura Hancock set to lead the Society of Insurance Broking (SIB), and Ashton West for the Society of Claims Professionals (SOCP).

Gallagher expands Ireland presence with First Ireland buy

Gallagher has acquired Ireland-based insurance broker First Ireland Management (First Ireland) for an undisclosed amount.

Howden builds Asia Pacific CAP division with Evans hire

Howden has appointed Christopher Evans as executive director of its capital, advisory and placement business, Howden CAP.

International Group renews reinsurance programme with 5.8% average rate increase

The International Group of P&I Clubs (IG) has renewed its pooling and group excess of loss reinsurance (GXL) programme for 2023/24 with an average rate rise of 5.8 percent.

BMS continues Australian expansion with Austbrokers C2C buy

Reinsurance broker BMS has continued its expansion within Australia with the acquisition of specialist broker Austbrokers Coast to Coast (Austbrokers C2C) for an undisclosed amount.

Region

Topics

Events & Conferences

Content Types