Agents & Brokers News

Willis Selected as Broker for ‘BLOODHOUND’ Supersonic Car

Willis Group Holdings announced that it has been appointed lead insurance broker and risk adviser to the BLOODHOUND Supersonic Car (SSC), including the building and testing of the vehicle as well as its forthcoming world record attempt. Willis explained that …

Willis CEO: Gras Savoye Acquisition Part of Strategy to Expand Global Reach

Willis Group Holdings plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn’t already own to expand in France, Eastern Europe and the Middle East. Willis will pay 550 million euros ($590 million), a sum …

CGSC in Partnership with GC do Brasil for Wholesale and New Products

Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has concluded a partnership deal with Brazilian broker network GC do Brasil “to provide its retail broking members with access to wider …

U.K.’s EC3\Legal Appoints Schrauwers as Chairman

London-based EC3\Legal* has announced that highly respected insurance industry figure, Cees Schrauwers, has joined the company as chairman. Schrauwers, who has more than 35 years’ financial services experience, is a former managing director of Aviva International and managing director of …

Reid to Become CEO of UK Retail at Arthur J. Gallagher

Arthur J. Gallagher announced that Stuart Reid will join Arthur J. Gallagher’s international brokerage operation as CEO for UK Retail. Reid will take up the position at Arthur J. Gallagher later this year, subject to regulatory approval, and will use …

How Analytics Technology Can Help Speed Integration Post-Merger Deal

The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and compete more effectively. But for brokers and agencies …

Towergate Gets U.K. Court Nod for Plan to Restructure $1.49 Billion Debt

Towergate Finance plc said it won court approval for its plan to restructure 1 billion pounds ($1.49 billion) of debt. The restructuring will be completed by early April, the U.K. insurance broker said in a statement Friday. The company previously reached an …

Miller Appoints Milner to Help Build Cyber & Technology Book

Miller, the London-based specialist insurance and reinsurance broker, has hired Simon Milner, in a production and broking role in the cyber and technology area. In a press release, Miller said the appointment underlines its plans to build on the growth …

My Favorite Underwriters

Your Sales iQ  By David Connolly       The role of today’s Underwriter is complex.                                                                                                                                                                                                                                                                                                                                                                                                                            They must be gatekeepers, relationship managers, marketers and sales managers. As Agents, we must understand, and respect these differing and often conflicting …

Brokerslink Chairman Says Brokers and Broker Networks Must Adapt or Decline

Speaking at the 3rd Asia Insurance Brokers’ Summit in Kuala Lumpur, Jose Manuel Fonseca, chairman of Brokerslink, told delegates that, in order to address global challenges, brokers and broker networks must adapt or decline. Highlighting consolidation as a major challenge, Fonseca said …