Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide war risk insurance for grain shipments and other critical food …
BMS Group Appoints Andras Bohm as Head of U.S. Capital Advisory BMS Group announced the appointment of Andras Bohm as the head of its U.S. capital advisory business and the CEO of BMS Capital Advisory, Inc. (BMS Groups’ U.S. broker-dealer). …
A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn from the year-old grain export deal in …
John Kuhn is now senior vice president, management liability and head of large public at Ascot. Ascot said Kuhn will lead the development and execution of Ascot’s large public D&O strategy, with a focus on underwriting and portfolio management through …
Strong Named New N2G CEO N2G Worldwide Insurance Services, LLC has named Kevin M. Strong its new chief executive officer. Strong replaces retiring N2G CEO Bill Skapof, who has led the company since 2020. Strong has more than 20 years …
A cargo insurance facility providing cover for shipments via Ukraine’s grain export corridor will continue next year with no rate increases, an underwriter with Lloyd’s of London insurer Ascot said on Thursday. Twenty-one insurers are part of the facility, which …
Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after Russia suspended its participation, industry sources said on Tuesday. An export deal, agreed by Russia and Ukraine and brokered by …
Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there, a senior official said on Monday. Moscow said it was …
Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine’s Black Sea ports under its new marine cargo and war insurance facility. Launched last month, …
Quigley Named Ascot’s Head of Surety Ascot appointed Tara Quigley executive vice president and head of Surety. She will be responsible for developing, and managing Ascot’s Surety portfolio across the U.S. Her appointment marks the final stage of Ascot’s entry …
