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Daniel Fulco has spent nearly 12 years at LSM.
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The agreement provides £10mn of capacity in several marine lines of business.
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This is Chubb’s second MGA deal in the past few months.
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Cyber insurance rates for UK clients dropped 12% on average, Marsh said.
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The mean nuclear verdict for 2013-2022 was $89mn, versus $76mn in 2010-2019.
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The club’s net combined ratio dropped by 2 points to 93% for the year.
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The carrier launched the consortium last year in a bid to support the clean energy sector.
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The MGA boosted its capacity by 40% earlier this year, amid heightened activity in marine war.
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The Incyde Risk facility will provide up to $25mn in capacity on a primary and first-excess basis.
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John succeeds Kostya Zolotusky, who will retire at the end of the month.
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Thomas Noakes is joining the broker from Price Forbes in June.
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The marine expert has worked for Axa XL and Catlin for most of his career.