Over the past few years, the US property and casualty (P&C) markets have known a notable net written premium growth.
Progressively improving results and ever-expanding levels of alternative capital, despite experiencing significant catastrophic losses, the highest since 1980. Whilst climate change and technology are impacting the insurance industry as never before, there are still plenty of other aspects to overcome and insurance companies will likely be called upon to deal with increasing challenges relating to talent transformation, product development, regulation, and Mergers & Acquisitions. Having the right talent in place at all levels is not a requirement anymore but a necessity.
The P&C insurance industry constantly needs a blend of technical skills and innovation-driven mindsets.
Our General Insurance Practice focuses on senior appointments in the (Re)Insurance sector, working with clients including start-ups, medium-sized and major traditional insurance carriers, brokers, MGU/MGAs and specialist suppliers to the industry. Meanwhile, InsurTechs are increasingly emerging as the future of the industry as we know it and fundamentally changing the rules of the game by giving an incentive to a new insurance world driven by innovation.
Composed of long tenure industry experts and former industry Brokers & Underwriters,
Hanover’s team is well placed to understand the current market trends and deliver talent who know how to act, think, and influence in this new working environment. We help P&C firms attract, recruit and retain highly adaptable, experienced, more tech-savvy employees into the industry; from Global Heads to AVP Underwriters, from Primary to Reinsurance Brokers, or from Outside Sales to Head of Distribution roles. We have a dual East Coast/West Coast presence which allows us to cater for our clients’ needs and evolving demands all over the United States.