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Manufacturing now accounts for 41.7% of all claims, from 15.2% previously. -
A quick roundup of today’s need-to-know news, including WTW, Skyward and the cyber paradigm.
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Commissioner Andrew Mais said AI is also a priority for regulators.
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He will work with the executive team to help outline strategy.
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The new broking president added that hundreds of Marsh staff would not show up tomorrow at WTW.
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Nick Nudo joins as senior managing director of reinsurance.
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It had planned to non-renew 47,000 DP-3 and 53,000 high-risk homeowners’ policies this year.
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Travelers now holds around 6.2% of Fidelis, down from over 7.2%.
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The carrier has made several recent high-level promotions.
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Reforms would seek to tamp down legal costs that can drive insurance costs up.
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The executive will report to London-based BMS director Alex Shephard.
