Aon
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The change comes as negotiations start to kick off for 2025 renewals.
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The US carrier abandoned the project due to high price expectations.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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Rob Kemp leads the EMEA central broking team as strategic broking director.
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Portfolios of clients of varying size in the same region aggregate more risk.
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Clients are taking advantage of market conditions to restore coverage limits.
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Sources said LSM head of third party in Miami Humberto Pozo will serve as interim head of distribution.
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The executive will end her career at Aon Bermuda effective 1 October.
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This is a new role for the broker.
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He joins the firm following the departure of Edward Morgan and Guy Tyler, who have launched an MGA.
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Current head of marine hull Helen Costin is set to retire from the business.
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He will focus on the London and US markets, including the placement of consortia and binders.
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Q2 was the ninth consecutive quarter of year-over-year price decreases.
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President Eric Andersen said non-malicious cyber risk was “front of mind” for clients.
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Organic growth was in line with WTW and Marsh McLennan, which both posted 6% underlying expansion.
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The move comes amid elevated personnel movement in the energy sector.
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Moore will oversee Aon Bermuda’s commercial risk solutions broking operations, leading a team of 85 executives.
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The airlines, healthcare and financial services industries were some of the sectors affected by the outage.
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The executive has worked for Aon, Steadfast and Argenta.
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The figure is well above the historical average of $39bn for this century.
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Trade, technology, weather and workforce were identified as the main mega trends.
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The new hire spent two years as head of member services at Lloyd’s.
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