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4 October 2023Insurance

WTW launches new MGU with Markel capacity to ‘revolutionise’ insurance industry

Global broker  WTW is launching a new managing general underwriting (MGU) business, called Verita, with capacity backing from Markel. The new venture will be led by an industry veteran, formerly of Sompo International, and provide specialised insurance solutions in target industries.

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Insurance
6 October 2023   The executives will join Corporate Risk and Broking at WTW North America.
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2 October 2023   The 30-year Marsh executive specialises in M&A and private equity.
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6 September 2023   She will oversee WTW’s growth strategy for financial institutions using credit & political risk insurance.