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The executive has 20 years of experience in environmental risk and sustainability. -
Civil case, nuclear verdict and claims count data show worrying trends.
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Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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Ziomek joined WTW in 2021 and has 17 years of industry experience.
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The firm bolstered US liability reserves by $650mn in the H1 2024.
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The figure represents a quarterly increase of 102%.
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The losses are "well above expectations" and above 2024 cat loss guidance.
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The financing will further the growth of Risk Strategies and One80 Intermediaries.
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Current backer CIVC will retain a minority stake in Y&A alongside management and staff.
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The deal covered US and European P&C liabilities for Accelerant's 2020-2021 underwriting years.
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Sanchez will report to Carolina Carmona, LSM’s head of financial lines in south Florida.
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The company still has ambitions to sell the business.
