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Brit Launches Consortium to Simplify Underwriting of Marine War Breach Call Risks

Brit Launches Consortium to Simplify Underwriting of Marine War Breach Call Risks June 3, 2021 Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war and breach call risks. Keel offers up to $152.2 million of capacity per risk and provides instant quotes that are fully sanctioned screened – an area of increasing importance in the growing regulatory environment affecting marine war risks. The cover is offered globally. With hundreds of thousands of trips made by vessels each year into high-risk areas excluded from annual war risks protection, “breach calls” are required to provide insurance cover for these events. This has traditionally required a time-consuming placement process for short-term and short-notice trips that are frequently completed before the insurance paperwork is concluded.

People Moves: Howden Adds Wijaya from Willis; LSM s Simon Joins Brit; Lockton Re Hires Acrisure Re s Shaw

People Moves: Howden Adds Wijaya from Willis; LSM’s Simon Joins Brit; Lockton Re Hires Acrisure Re’s Shaw May 7, 2021 Howden Specialty has appointed Surya Wijaya to its Natural Resources division in Asia Pacific, adding to its capabilities across the power and energy sectors both regionally and globally. Wijaya’s experience includes roles at Aon, JLT and Marsh JLT Specialty over the past eight years, following a career in the banking industry. Her most recent role was head of Downstream for Willis Singapore, where he was responsible for handling a number of major energy accounts in the region Wijaya joins as a divisional director and will be based in Singapore, reporting to Matt Savitt, head of Natural Resources, Asia Pacific.

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