Zurich
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The executive also said that the firm seeks to grow in Canada and in the middle market space, where it has already increased the number of underwriters by 30%.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Illinois-based carrier said its crop insurance business contributed almost 40% of the growth in the region.
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The Massachusetts Bay Transportation Authority claims the firms failed to act over the bankruptcy of LMH-Lane Cabot Yard Joint Venture.
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Penny Seach is to succeed Hayley Robinson, who has decided to step down at year end for family health reasons.
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Zurich NA grew gross written premium by 14% to over $11.3bn as rates jumped 9% in the period.
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Zurich is ahead of schedule on its nat cat exposure reduction in the US, the company’s CFO George Quinn said during an H1 earnings call.
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Morgan joins Zurich North America’s US national accounts business and is based in Atlanta.
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Molly Dorsett will return to Zurich from Chubb as head of US energy casualty renewables, while Nicholas Haller joins as lead underwriter of renewable energy property.
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The executive joins Zurich NA from privately held International Financial Group (IFG), a P&C company focused on the E&S market where he served as CEO.
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Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.
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Pavelko joins from WTW, where she worked as senior placement broker and client advocate on the CID team.
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