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Henrietta Butcher leaves Tysers after decades with the broker.
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Lisa Binnie will succeed him as president of the company’s specialty admitted segment effective September 1.
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Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
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A quick roundup of our best journalism for the week.
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A quick roundup of today’s need-to-know news, including Lockton-Price Forbes LaTam defect, Sompo on M&A and more.
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James River said the court was right to dismiss the fraud case.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Company said defendant ‘distraction’ can’t make up for flimsy arguments.
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The violations included not using propertly appointed adjusters and failing to pay claims.
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Sources said the team is led by Martin Soto Quintus and is mostly based in Chile.
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Group CEO Mikio Okumura cited “solutions that have not been fulfilled”.
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The likes of Genstar, Leonard Green and Bain also looked at the program manager.