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IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience. -
Winners and losers will emerge more clearly, with less opportunity to ride the market wave.
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A report by the ratings agency challenges current industry wisdom.
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He was appointed CUO of casualty, Americas, in July last year.
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The executive previously held roles at The Hanover, CNA and AIG.
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Tricia Loney brings 20 years of industry experience to the role.
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The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
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Florida led deregulation by eliminating the diligent effort rule in June.
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Models anticipate a busier second half, particularly in the next few weeks.
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The carrier’s US and Europe claims teams will report to Dominic Clayden.
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As part of the transaction, PE firm Atlas Merchant has agreed to sell its interest in MarshBerry.
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The wildfire MGA is expecting to write higher value homes soon and may expand into new states.
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