WTW
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Jorgen Andersson and Peter Galla will serve as deputy heads of the division.
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The executive previously led the excess casualty practice at Aon.
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He brings more than 20 years of industry experience to the role.
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Quarterly price increases of around 6% have remained steady since the pandemic.
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deLaricheliere will report to WTW head of FIPS Brad Messinger.
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The executive said expansion was driven by retention and new business.
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CEO Carl Hess hailed a “solid” first quarter of results.
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Prior to her stint at Lockton, the executive worked at Marsh.
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The firm reportedly parted ways with 120-130 employees as part of the cuts.
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The executive joins from regional insurer ASSA, where he spent almost 16 years.
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WTW predicted that ‘meaningful softening’ could creep into energy markets during the year.