-
The executive will be based in the company's Morristown, New Jersey office.
-
The appointment comes two weeks after this publication revealed that the executive had resigned from Lockton to join the rival broker.
-
Distinguished will initially offer a true follow-form excess product covering D&O, employment practices and fiduciary liability for public, private and non-profit risks.
-
The broker said reinsurance capacity has contracted over the past 18 months, and the once-diamond-hard aviation war market has started to soften.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
Former pricing actuary Chris Chandriotis will lead the team.
-
“Unfortunately, it's a situation of getting rate to fund [the litigation costs] and being able to stay in the market long term,” Taylor told Insurance Insider US in an interview.
-
The ratings agency said premium rate increases for specialty lines would be most pronounced in political risk, terrorism and political violence lines because of heightened geopolitical tensions.
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast.
-
The broker said it anticipated new entrants in the downstream class following a profitable 2023.
-
The office also said it has approved the assumption of 650,399 policies from Florida Citizens so far this year, a more than 800% increase from the previous year.
-
Chief of IRS Criminal Investigation said Tysers had "eroded the process of fair and open competition".