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The CEO also said that the “bloom is off the rose” in the E&S property market. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The company is looking to grow through its new MGA incubator program.
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Northeast Insurance said 55 claims were brought under the Child Victims Act.
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The hire comes a few months after Nick Greggains was promoted to CEO.
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The London-based executive will relocate to Daytona Beach, Florida.
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Early Q3 earnings reports point to worsening market conditions.
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The portfolio encompasses $5bn+ of subject premium across ~75 programs.
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The new chief executive has served on PI’s board since 2018, including as chair.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Since Simon Wilson was elevated to insurance CEO, the firm has been refocusing its underwriting.
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The executive is charged with defrauding investors out of nearly $500mn.
