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The Nordic operations have capacity provided by Allianz Commercial.
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The executive will begin serving as Hiscox USA’s CUO as of May 5.
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The broker said the burgeoning class of business was still finding its stride.
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The deal is expected to close in the second quarter.
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The only major product line to see rate increases was casualty.
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Alongside Chatterjee, SVP Dharma-Wardana has also exited the team.
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It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
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The company has hired Axa XL’s Irvine to lead the new platform.
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The company is expanding availability of its large enterprise offerings.
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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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