Marine
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Guy Pierpoint will report to head of marine Phil Wheeler. -
The storm caused major damage to one of the drinks company’s warehouses in Tennessee.
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The carrier has appointed AIG’s Sharon Primerano as vice president and US inland marine manager.
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The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
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The new unit is part of HDI’s expansion of its specialty product offerings.
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There has been an exodus of hull premium from the London market to Nordic carriers since 2014.
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The facility launch comes after Marsh launched its Slipstream marine facility.
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The carrier has made several recent high-level promotions.
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In tandem, Mike Falvey will transition to executive chairman, effective January 1.
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This expansion will protect against risks faced by transportation and logistics businesses.
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The carrier is expanding its MGA partnerships and has invested in its marine team.
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The broker said that rising reinsurance costs after the Baltimore Bridge collapse could put a brake on softening in 2025.
Related
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Markel reaches agreement to acquire marine MGA Meco
April 16, 2025 -
Hull softening in Q1 most acutely felt in London: Gallagher
April 14, 2025