Operations/tech
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Richard Milner joins as senior managing director at Aspen Re International.
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Coming into 2019, with margins reaching cyclical highs, and pricing still elevated, the dynamic in auto changed on a dime. -
The combined vehicle will write P&C cover for amusement parks, arcades and carnivals.
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The recruitment timetable is designed to allow for an “orderly transition”.
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The carrier said rates were not responding adequately to claims and loss creep.
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Elizabeth Benet has a long career in specialty lines underwriting.
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Michael Jordan worked at the London-listed carrier for more than 14 years.
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The executive says retention and new business wins drive growth.
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Steven Beard was RFIB CEO for just over a year and half and said the timing “feels right” to leave.
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The executive joins from AGCS where she led the North American financial lines team.
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The move comes amid a focus on underwriting profitability at the German carrier.
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Staff must honour notice periods and restrictive covenants.
