BX1 brings together capacity from multiple Bermuda insurers – Ascot, Markel, Ark, and Sompo – under a single contract issued through Marsh’s Bermuda platform. By consolidating participating carriers into one structure, the facility is intended to simplify the placement process and reduce administrative burdens for clients. It also introduces a single claims decision-maker, which Marsh said will help streamline claims handling and lower associated costs.
Marsh Risk launches new facility to ease US casualty capacity constraints
By Awais
