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Scott Pegram had been at Liberty Mutual for over six years in various senior roles. -
The company first experienced system disruptions on June 7.
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Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
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Expense ratios started to move higher in 2024 as the cycle reverses, with this trend likely to persist.
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The former Hub executive has over 30 years of experience in transportation.
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The medical care index numbers were below April’s 0.5% rise.
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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
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The trend is expected to be most pronounced in the Middle East, the survey found.
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The appointment follows B&B’s acquisition of Accession.
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The deal multiple is understood to be around 15x adjusted Ebitda.
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The broker is launching a reinsurance arm in partnership with Bain Capital.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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