Strategy
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The carrier is consolidating its venture capital activity into asset manager MEAG.
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Dealmaking took centerstage, but other discussed topics were growth, talent and capacity.
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The company is looking to grow through its new MGA incubator program.
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Since Simon Wilson was elevated to insurance CEO, the firm has been refocusing its underwriting.
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SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
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MGAs that are good operators will stick out compared to the rest.
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The facility provides coverage for property, terrorism, energy, construction and utilities risks.
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Activists from the left and the right are focusing on insurance, often on the same issues.
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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created.
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The reshuffle is likely laying the foundations for the eventual succession to CEO Mario Greco.
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The specialty insurer was recently acquired by Korean carrier DB Insurance.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
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The firm posted trailing 12-month organic growth of 23% YoY supported by a three-pillar strategy.
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JH Blades, Southern Marine and Energy Technical Underwriters will merge to form the new brand.
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The executive previously spent more than 16 years at The Hartford.
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Return horizons are shifting, and entrepreneurial underwriters should start looking at longer tail business.
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Juries don’t significantly differentiate in cases involving severe injury.
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Getting that message across is key to bettering the industry.
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Economic volatility, including from tariffs and rising interest rates, is reshaping risk profiles for specialty insurers.
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Whether in property or casualty, areas of the market will be profitable even with new entrants, the executive said.
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Following the Golden Age of Specialty, franchise quality will play a bigger role in determining success.
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The deal’s benefits headlined AJG’s investor day presentation.
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The MGU is entering the often-difficult habitational GL space with an initial E&S offering.