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Markel said Paul Melone will oversee Botticelli's responsibilities in the interim. -
The industry needs to step up in educating clients and understanding their vulnerabilities.
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The state is drought-ridden, hail threatened and potentially making major changes this year as a result.
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Specialty was the busiest segment but still recorded a YoY drop of seven points.
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Lower rates, more favorable policies and improved public cyber infrastructure are all contributing to the trend.
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A memo to staff said the executive will be “pursuing new opportunities outside of our company”.
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London-based Tristram Prior will transfer to Bermuda to lead the line of business.
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Trump’s shadow loomed over the beachside sessions.
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Global insurance premiums reached an all-time high of $15.3bn by year end 2024.
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The CEO said that new funding will be used to expand its underwriting capabilities.
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The company has been growing rapidly since the summer, with at least 300 currently employed.
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The MGA said payments to affected customers began shortly after the event.
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