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DUAEs are increasingly leveraging specialized expertise to address underserved risk. -
BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
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Starr joins a panel that includes capacity from Axis and Skyward.
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The purchase aims to bolster Markel’s marine product line in the Asia-Pacific region and EU.
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The executive said he left the company in September.
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Bredahl has been appointed CEO and Bonneau as chairman.
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Starr and Axon also are among those on the Marsh USA-placed $40mn line.
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The executive has been with the firm since its inception in 2023.
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The Miami-based underwriter will write lines of up to $5mn per risk for cyber and tech E&O.
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