The insurer's board has proposed establishment of a stand-alone specialty commercial company.
The company reported a profit of $1.3 billion for the quarter ended December 31, 2020.
The company expects the transfer to be completed by the end of the third quarter of 2022.
The company believes that Netcall's low-code technology has the potential to transform the London market.
The appointee will oversee market performance and distribution across the corporation.
The company's 2020 fourth quarter results will be negatively impacted by catastrophe losses.
The tool addresses key underwriting complexities by automating the risk assessment process.
The executives bring a broad mix of experience across investments, audit and risk areas in insurance.
The insurer will provide capacity for Flock’s exposure-based drone insurance programme.
The appointment aims to strengthen its innovation and technology-led approach and accelerate data strategy.