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Sources said the firm retained Ardea to run the process. -
The program will offer liability coverage up to $5mn per occurrence.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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In an interview, Blue spoke about integration, organic growth, M&A and current market uncertainty.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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The only major product line to see rate increases was casualty.
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The deal echoes Lightyear’s earlier investment in Inszone Insurance.
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Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
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Marsh alleges Aon also went after its clients as well as its employees.
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SCS losses were also above average in Q1 due to “lingering” La Niña conditions.
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Insurance Insider US explores the economics of the lift-out growth strategy.
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The BRIC program helped fund local resiliency programs, which can reduce loss costs.
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