The London-based Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker established by Willis, has announced the establishment of an energy division within the London market and the appointment of Alan Brooks as the Chief Executive of Glencairn Energy.
Brooks is a Chartered Insurance Broker and has been a high-profile figure in the global energy insurance market since joining Jenner Fenton Slade (JFS) in 1985 directly from the oil industry, where he worked for Britoil plc. After JFS was acquired by Aon in 1994, Brooks headed its International Upstream broking team. In 2000, Brooks joined Willis where, as Managing Director of the Energy division, he was credited with revitalizing and rebuilding the company’s energy practice.
Glencairn’s Chairman and Chief Executive, Steve Hearn, commented: “We have for some time now been seeking an energy capability that will complement the products and services we offer our broking partners around the world, and we are delighted to have been successful in appointing an individual of Alan’s capability and standing to lead this initiative.”
Glencairn Energy will work closely with Global Special Risks (GSR) and Maclean, Oddy & Associates, two leading US excess and surplus lines wholesale brokers serving the energy industry that are also part of the Faber & Dumas stable.
Brooks indicated that he believes “there has long been room in the London market for a new broking capability to serve the unique needs of the energy industry.”
Source: Willis – www.willis.com
Topics London
Was this article valuable?
Here are more articles you may enjoy.
Insurer Bowhead Specialty Seeks About $491M Valuation in IPO 
Nuclear Verdicts Surge to $14.5 Billion in 2023 – Report 
Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit 
Worsening Weather Igniting $25 Billion Weather Derivatives Market 
