Cole has 25 years industry experience and will be promoted from his position of Global Head of Underwriting Management and Deputy Chief Underwriting Officer, Marine.
SCA accelerates reforms and sets earlier start date for insurance disclosure guide following allegations of excessive brokerage fees by a strata management firm.
Claims to be well in excess of GXL US$100m attachment point, leaving reinsurers bearing bulk of insured cost, but risk understood to be spread across 80 reinsurers.
