Two senior executives at Brit have left the company, sources told Reinsurance.
Kevin Huttly, chief underwriting officer at Brit Global Markets and Jenny Martin, divisional underwriting legal & professional at Brit Insurance have both left the company, Reinsurance has learned.
It is not known when they left.
Senior sources within Brit told Reinsurance that one of the one of the major reasons why Huttly and Martin left was because over philosophical underwriting differences - and both underwriters had been compensated en route to their exit.
Some market sources said that this was due to losses on Brit's Italian medical malpractice account - which Brit is understood to have ceased underwriting - but senior sources insisted that this wasn't true.
Brit declined to comment.
Telematics data has been used for the first time to successfully defend a policyholder in a liability trial at Wandsworth County Court.
Hiscox could set up a separate EU registered business if the UK loses access to the common market, the company’s CEO has said.
Blog to the future: One day, more than 10 customer interactions – could this be an insurer reality by 2030
The alarm goes, it is 6:45am on 25 July 2030; and the first thing you do is check your Healthcare Insurer-provided wearable tech-band to see how your sleep rated.
A Zurich-owned Managing General Agent will reimburse outstanding premiums to Irish motorists who have been affected following the collapse of Enterprise Insurance on Friday.