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The carrier is one of a number of players to have entered the D&O market as pricing continues to grow.
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Rising Edge will provide D&O cover for companies ranging from US-listed entities to private entities.
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Market sources report an uptick in competition to secure accounts as clients sought optimum deals in a challenging market.
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The continued expansion comes amid tough competition for talent in the hard D&O marketplace.
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The broker said that the carrier’s decision had forced some clients to rebuild policies from scratch.
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Market sources said that ongoing economic disruption is likely to keep pricing in the market high.
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The appointment follows the departure of two Talbot PI underwriters last year, who left to join Faraday.
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The law firm said underinsurance was common in the sector, despite rising risks.
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Insider Hannah Tindal will move from Chicago to London to take the role of D&O head within the London regional unit and Nordic team.
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The Aquiline-backed motor syndicate is hiring a team to lead a build-out in specialty lines.
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Conditions remain favourable for underwriters but uncertainty remains on whether the recession will lead to a flood of claims.
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The appointments follow Axa XL’s exit from management liability business in London last year.