HDI Global Specialty appoints new head of aviation

HDI Global Specialty appoints new head of aviation

HDI Global Specialty appoints new head of aviation

HDI Global Specialty has appointed Martin Jackson as head of aviation and space. Replacing Tim Slade, Mr Jackson joins the London office from Neon Underwriting, where he worked as class underwriter for marine and transport, including aviation. With more than 30 years’ experience in aviation underwriting, Mr Jackson has also worked at Aspen, where he oversaw the expansion of its…

Marsh execs seek to allay risk manager concerns over JLT deal

Marsh execs seek to allay risk manager concerns over JLT deal

Marsh execs seek to allay risk manager concerns over JLT deal

Marsh executives have sought to allay risk manager concerns that the JLT acquisition will lead to a lack of focus, loss of talent and seriously harm competition in the sector. Speaking the day after the deal completed, they said the combined company will redouble efforts to put clients at the centre of its thinking and decision-makers close to the front line of risk…

HDI Global Specialty sets up aviation team in Australia

HDI Global Specialty sets up aviation team in Australia

HDI Global Specialty sets up aviation team in Australia

HDI Global Specialty Australia has appointed Jamie Bowes to head up its new general aviation team in Asia-Pacific. Mr Bowes was previously international aviation manager at QBE, a position he held for ten years. He will be based in Melbourne, where he will oversee creation of the new aviation team. “We are extremely pleased that we could get Jamie to…

Boeing suspends entire 737 Max fleet as insurance details come to light

Boeing suspends entire 737 Max fleet as insurance details come to light

Boeing suspends entire 737 Max fleet as insurance details come to light

Boeing has suspended all 371 of its worldwide 737 Max aircraft fleet, after the US became the last major country to ground the planes over safety fears. The decision follows news that Global Aerospace is the lead insurer for Boeing, with Chubb confirmed as lead underwriter of the Ethiopian Airlines plane that crashed on Sunday and Willis Towers Watson the broker…

EU bans Boeing Max as Global Aerospace confirmed lead insurer

EU bans Boeing Max as Global Aerospace confirmed lead insurer

EU bans Boeing Max as Global Aerospace confirmed lead insurer

The EU has banned all Boeing 737 Max aircraft from flying in Europe over safety concerns, with more than half of the world’s 350-strong fleet now reportedly withdrawn from use. Meanwhile, Global Aerospace has confirmed it is the lead insurer for Boeing. The policy could see heavy product liability claims from the grounded aircraft, which now face serious questions. “I…

Chubb leads on Willis-brokered Ethiopian Airlines crash as safety fears mount

Chubb leads on Willis-brokered Ethiopian Airlines crash as safety fears mount

Chubb leads on Willis-brokered Ethiopian Airlines crash as safety fears mount

Chubb is the lead underwriter of the Ethiopian Airlines plane that crashed on Sunday with Willis Towers Watson the broker, a spokesperson for the intermediary has confirmed. The spokesperson was responding to Reuters following the crash of Ethiopian Airlines flight 302 shortly after take-off from Addis Ababa. All 157 passengers and crew were killed. Experts have placed the hull loss…

JLT sells aerospace division to Gallagher to secure Marsh deal

JLT sells aerospace division to Gallagher to secure Marsh deal

JLT sells aerospace division to Gallagher to secure Marsh deal

Marsh & McLennan Companies (MMC) and JLT have agreed to sell the latter’s global aerospace operations to Arthur J Gallagher, in a move to secure EU regulatory approval for their $5.6bn deal. The sale will see all 250 of JLT’s aerospace staff move to Gallagher. The deal is subject to EC approval and is expected to complete this spring. MMC…

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