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Scott Pegram had been at Liberty Mutual for over six years in various senior roles. -
Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
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The trend is expected to be most pronounced in the Middle East, the survey found.
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Starr joins a panel that includes capacity from Axis and Skyward.
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The executive is departing for a role at Birch Risk.
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The executive joined the MGA in January 2024 and has spent his entire insurance career within the TL space.
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Michael Brooks, SVP, head of transactional liability, will be taking over temporarily.
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The executive was most recently chief revenue officer at Aon.
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Capital funding new litigation dropped 16% YoY, however.
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In January, Archer expanded its capacity with Lloyd’s backing.
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The MGA will be trying to replace the transactional liability capacity in the coming weeks.
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