Operations/tech
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The newly created role will focus on broker relationships in the E&S markets.
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Chubb CEO Greenberg's near-$20.5mn pay narrowly beats that of his closest rival. -
The professional lines-focused underwriter has backing from Gallatin Point and BlackRock.
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The company is seeking a quote for a $100mn policy after previously opting to accept insurance from Musk.
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The move follows Third Point’s $788mn takeover agreement for the (re)insurer.
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Piccolomini and South pick up Advisory, while Clarke will head up global placement.
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Sources said a final decision on whether to proceed with the venture is still pending.
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The executive, a key lieutenant of group COO Peter Zaffino, is the first of the Duperreault-era management team to leave.
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Inside P&C takes a detailed look at the next steps including the potential for anti-trust issues and the brewing war for talent.
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The Illinois-based broker will use the proceeds to support ongoing growth and acquisitions.
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The changes stem from the creation of a new digital services unit at the Swiss carrier.
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The appointment follows Jon Christianson’s move to the CUO role.
