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He was most recently Marsh’s US manufacturing and automotive practice head. -
The executive brings more than 25 years of insurance experience.
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The broker has expanded the number of global industry verticals to seven from four.
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The soft market continued through H1 2025, especially on shared programs.
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The LA wildfires accounted for 59% of loss activity over Q1.
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Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.
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The company said the reduction was due to years of steady improvements.
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The executive told this publication he will have more time “to propel” embedded auto MGA In The Car.
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Early adopters of AI will see efficiencies – and likely increased market share, Kantar said.
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Richardson has been with the firm since 2015 and was most recently vice chair and chair of international.
