Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui Sumitomo led the way for insurers with a marine underwriting hire. In the world of loss adjusting McLarens snapped up a new executive director from rival firm Cunningham Lindsey.
• Among insurers, Mitsui Sumitomo has appointed Simon Engelen as class underwriter for marine liability. Engelen will join the insurer at Lloyd’s later this year when he leaves his current role as
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