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Richard Winborn joins as president, while Patrick Mitchell takes on the COO role. -
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The carrier attributed the intensification of storms this season to climate change.
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Adam Garrard will cover his responsibilities on an interim basis.
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The MGA secured backing from buyout heavyweight KKR in March 2021.
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The firm said the UK hub demonstrates its commitment to expanding in Europe.
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Everest Group’s regulatory filing did not give a reason for the resignation.
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In March, Insurance Insider US revealed that Arden had retained Dowling Hales to find an investor.
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WTW will hold a significant minority stake in the start-up with an option to acquire complete ownership over time.
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The former CEO will also serve as executive managing director within Aon’s reinsurance solutions business.
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The MGU also announced a string of promotions to leadership, including RWI CUOs and a new head of Europe.
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A quick roundup of today’s need-to-know news, including Everest, Zurich, Arden, WTW and more.
