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The program will offer liability coverage up to $5mn per occurrence. -
Everest’s US wholesale business is seeking to expand its market presence.
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The MGA will focus on insurance for agents, carrier partners and clients.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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CEO Marchioni said the overall hit would likely be “in the low single digits”.
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In an interview, Blue spoke about integration, organic growth, M&A and current market uncertainty.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The deal echoes Lightyear’s earlier investment in Inszone Insurance.
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Of the $170mn cat losses outside LA wildfires, US cat activity accounted for 74% and international cats 26%.
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The executive will define strategic priorities and guide global growth.
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Reserve releases at Chubb rose to $255mn from $207mn a year ago.
