The ruling sets an important precedent that insureds cannot invoke the presumption of loss by perils of the seas where investigation was possible but not pursued.
Roach joins from Marsh where he has worked for over 17 years, while Marsden is the broker's latest hire from Lockton, where he has worked for 14 years.
4.97bn rupee (approx. US$53.5m) scheme sees India joins a growing list of governments mobilising state-backed insurance support in response to conflict.
