Agents & Brokers News

Global Risk Partners Buys Marshall Wooldridge, a UK Broker with Growth Plans

Global Risk Partners Limited (GRP), the acquisitive insurance broking and managing general agent investment vehicle, has acquired Marshall Wooldridge, a UK commercial insurance broker which controls in excess of £20 million ($25.2 million) GWP. Marshall Wooldridge has served the business …

Ironshore’s IronPro Launches Cyber Crime Product for English & Welsh Solicitors

IronPro, Ironshore’s financial and professional lines unit, is introducing Ironshore CyberCrime and DataProtect for English and Welsh Solicitors. Paragon International Insurance Brokers, a London-and-Bermuda-based independent global insurance broker, will exclusively market this product in conjunction with cyber monitoring and alert …

Global Risk Partners Acquires U.K.-based SLK General Insurance Services  

Global Risk Partners Ltd. (GRP), the London-based insurance broking and managing general agent investment vehicle, has acquired the commercial and personal insurance broker, SLK General Insurance Services Ltd., based in Ely, Cambridgeshire in the U.K. SLK Insurance’s management team will …

JLT Re Appoints Garnett as Managing Director, Malaysia

JLT Re, the London-based reinsurance broker and consultant, announced the appointment of Jonathan (Jo) Garnett as managing director, Malaysia, subject to regulatory approvals. Garnett will be based in JLT Re’s Kuala Lumpur office and will report to Stuart Beatty, CEO, …

UK’s BMS Launches Melbourne, Australia-based Affinity Broking Operation

BMS Group Ltd., the London-based independent specialist insurance and reinsurance broker, announced the launch of a new affinity broking operation focused on Australia and New Zealand. The team will be based in Melbourne and led by Shamus Breen, working closely …

Elderly Healthcare in APAC to Cost $20 Trillion-Plus over Next 15 Years: Marsh

Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos. The report titled “Advancing into the Golden Years – Cost of Healthcare for …

Integro Expands Reinsurance Presence in Latin America with HRL Alliance

International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner. The licensing agreement grants HRL Colombia use of the Integro name and …

Willis Re Taps Aon’s McDowell to Lead Bermuda Unit; Harden as APAC President

Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective Jan. 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as president …

Nominate Your Agency as Best Place to Work: Submit Now!

Do you work in a great independent agency? Do you think it’s the best place to work? If so, don’t miss this opportunity to nominate your agency to be named as one of Insurance Journal’s Best Agencies to Work in …

Towergate Forms £30M, 5-Year Partnership with Yacht Specialist N&G (Zurich Unit)

Towergate and Navigators & General (N&G), a part of the Zurich Group, have signed a strategic partnership under which N&G will provide capacity and expertise for Towergate Marine products. Towergate Marine provides insurance for around 25,000 pleasure crafts including super …