With more than 20 years of underwriting and senior leadership experience, she previously served as executive board member and chief underwriting officer for the property, engineering and marine lines at HDI Global SE.
It aims to address investment managers' demand for greater clarity following Solvency II reforms and insurers' increased focus on solvency risk factors.
With extensive experience in the global (re)insurance industry, Goddard has held several underwriting and leadership roles, most recently as director of underwriting for specialty casualty at W. R. Berkley Corporation.
The new practice will brings together Marsh's parametric solutions, alternative risk transfer, captives and complex risk offerings.
Harris joined the firm in 2022 as an associate focusing on mining and heavy industry.
The purchase came from Aon’s funds affiliated with NFP’s main capital sponsor Madison Dearborn Partners and with HPS Investment Partners for US$13 billion.
Swiss Re Life Guide Scout is a generative AI-powered underwriting assistant for life and health insurance, developed in collaboration with Microsoft Azure OpenAI service.
The report also notes that rates continued to be relatively consistent, with most regions experiencing small decreases in the same period.