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The appointment will be essential in digitizing broad distribution networks, refining risk assessment models and increasing underwriting innovation.
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The executive will lead the modeling of attritional and catastrophe exposures at At-Bay and create the first aggregation risk view.
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Inside P&C’s news team runs you through the key developments from the week.
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The insurer has transferred cyber underwriter George Cole from London to its Bermuda HQ.
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CEO Jack Kudale said his company was likely to transition to full-stack carrier by January 2023.
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The executive will oversee the cyber-MGA’s long-term strategy and scaling operations.
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Aon took a top five spot in the independent magazine’s list of the top 10 most innovative finance companies.
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Inside P&C’s news team runs you through the key developments from the past week.
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Aggregation was still an issue during January 1 renewals, as some risks in cyber remain “very difficult” to model.
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The executive will oversee reinsurance partnerships, risk and portfolio management and drive new product development and innovation.
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The cyber MGA also revealed it has reached a $650mn run-rate GWP.
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Legal costs relating to the breach have been described as “astronomical” and sources say it is now all but certain that it would result in a full payout.