WTW
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
It is understood that the two other bidders in the process were AJ Gallagher with a fee of $885,000 and Lockton with $700,000.
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Mayers' role will focus on the ICT unit's commercial lines pricing and underwriting propositions.
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Before his appointment, the executive served multiple senior leadership roles within the division across Germany and Northern and Central Europe.
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The brokers expect to reach an out-of-court agreement to end the poaching case in south Florida within two weeks.
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Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
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The complaint names surety executives John Thomas, Andrew Bennett and Jennifer Boyers Gullett as defendants.
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Insurers have expressed concerns about hitting the 2023 deadline for the regime.
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The executive will report to Tom Coughlin, WTW’s head of industry and specialty for CRB North America.
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Q1 marked a deceleration from the last quarter of 2021, when commercial lines rates increased around 7% from the same period of 2020.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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It is understood that the account includes oil platforms, crude barrels and 12 vessels, and is one of the largest accounts in the South American country.
