Marsh creates cyber group captive Edgware Re
Move comes on heels of volatile period for the market
Source: insurancebusinessmag.com
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Move comes on heels of volatile period for the market
Launch in response to volatile period for the market
Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the creation of Edgware Re Ltd., a group captive insurance company for
Based in Bermuda, Edgware Re engages with its members and allows participants to purchase up to US$10 million in insurance or reinsurance based on their needs.
Marsh head on driving down captive costs in a hard market