Agents & Brokers News

Jardine Lloyd Thompson Appoints Rozes as Group Finance Director

Jardine Lloyd Thompson Group plc, a global provider of insurance, reinsurance and employee benefits-related advice, brokerage and associated services, announced it is appointing Charlie Rozes as group finance director, to succeed Mike Reynolds. JLT announced in August 2014 that Reynolds …

Placing Platform Ltd. Selects Ebix for London Market Implementation

The Board of Placing Platform Limited (PPL) announced that, after a tender exercise, it has selected Ebix as its preferred software supplier. The Board acted on behalf of the International Underwriting Association (IUA), the London & International Insurance Brokers’ Association …

Integro Acquires UK’s Kite Warren & Wilson, Marine Broker Specialist

Integro Ltd., an insurance brokerage and risk management firm based in New York City, has acquired London-based Kite Warren & Wilson Ltd., which specializes in marine hull & liability coverage and financial lines. Financial details of the transaction have not …

ACE’s 10 Tips to Help Brokers Place Effective Multinational Insurance Programs

When ACE Group last month launched ACE Multinational Partner, a package cover for UK & Ireland-based companies with one or more overseas subsidiary, it discovered that brokers were concerned about lack of knowledge and expertise in placing complex multinational programs. …

Howden Names Goh as CEO, Singapore Retail; Other Senior Execs Appointed

Howden International, part of Hyperion Insurance Group, has appointed Goh Chye Huat as chief executive officer and principal officer of its Singapore retail operation, subject to regulatory approval and completion of the customary notice period with his existing employer. Goh …

Swiss Re sigma Report Examines Role of Insurance in M&A Deals

A new sigma report –“M&A in insurance: start of a new wave?” – from Swiss Re points out that “merger and acquisition (M&A) activity in the insurance industry is rising although the number of deals still remains well below levels …

Arthur J. Gallagher Realigns UK Broking, Underwriting Operations

Arthur J. Gallagher, the international division of Arthur J. Gallagher & Co., has unveiled a simplified operating structure to better serve customers and maximize growth opportunities. Gallagher Insurance Solutions – the personal lines, private clients and small commercial distribution arm …

A.J. Gallagher Builds Retail Presence in Chile With Majority Stake in QRM

Arthur J. Gallagher, the international broking division of Arthur J. Gallagher & Co. outside of the United States, has expanded its retail presence in Chile by purchasing a majority shareholding in independent broker Quality Risk Management Corredores de Seguros S.A. …

U.K. Intermediaries Hyperion and R K Harrison Complete Merger

London-based intermediaries Hyperion Insurance Group Limited* and R K Harrison Holdings Limited (RKH) have completed the merger of their two businesses, following receipt of applicable regulatory and legal approvals. Acquiring 100 percent of the share capital of RKH, Hyperion has …

Could New Insurance Players Disrupt the Market?

Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don’t understand the innate complexities of the insurance ecosystem – complexities such as the long tail of liability …