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The exec will lead key initiatives including Aon United, and work closely with NFP. -
Large account and E&S property have gotten competitive faster than expected.
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The former leader, Kirby Hill, will assume the role of chairman, captives and specialty programs.
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State Farm will need to provide its CA subsidiary with a $400mn surplus note.
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This in turn gives carriers on a tower a little more liberty and less risk to optimize claim outcomes.
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The executive joins forces with executive chairman and co-founder Erik Matson.
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Hussey will take over the role left vacant when Luis Sonville moved to AJ Gallagher late last year.
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The reforms limit liability for some small businesses in the state.
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The result has been a sharp increase in the use of captives.
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He was most recently middle market casualty leader and EVP at Chubb.
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They cover environment, political violence, equipment and cannabis.
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The CEO spoke after Chubb chief executive Evan Greenberg’s call to action at RIMS.
