July 31, 2023
Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh, which pointed to two notable trends during Q2: a moderation in cyber rates and continuing challenges in property insurance, which …
December 7, 2021
This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new hires follows here. Norgrove to Succeed Egan as RSA CEO, UK & International Toronto-based Intact Financial Corp. announced that Ken …
February 17, 2021
Swiss Re Corporate Solutions has appointed Andrew Dougall as global head casualty, effective Feb. 22, 2021. In this leadership role, Dougall will be responsible for driving the success and overall profitability of the Bespoke Casualty portfolio globally. As well as …
September 17, 2019
Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product and Jason Mills as wholesale leader in the U.K. Financial & …
July 29, 2019
Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity insurance. Founded in 2017, PRL’s underwriting team is comprised of James Rasmussen and …
April 3, 2019
UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker. On April 1, Nexus acquired Capital Risks MGA …
January 4, 2019
Aspen Insurance announced two key appointments to its Bermuda insurance team. Saadia Savory joined Aspen insurance in December as vice president, Excess Casualty, Bermuda. She will lead the Bermuda Casualty team and reports to Zac Clammer, executive vice president, head …
April 18, 2018
Marsh announced the appointment of Paul Denny as UK Financial and Professional Practice (FINPRO) Leader. Denny reports to Paul Moody, CEO of Marsh’s UK Specialties Division. Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston …
February 28, 2018
Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses, according to Marsh’s latest Market Index report. The …
June 12, 2015
Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …