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Brit brings over senior underwriter from Beazley

As revealed in Reinsurance in late January , Brit has secured the services of former Beazley underwriter John King.

King has been given the newly-created role of portfolio director - short tail, and will report to Brit Global Markets CEO Matthew Wilson. In this role, he will be responsible for the management

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Willis warns 7 in 10 businesses are underinsured

James Adams, head of valuation services at Willis, has warned businesses are increasingly at risk of being caught out by average clauses because outdated property valuations are failing to reflect rising rebuild costs.

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