Agents & Brokers News

Aon Agrees to Buy Brazil Health & Benefits Broker and Solutions Firm, Admix

Aon announced it has entered into an agreement to acquire Admix, a leading health and benefits brokerage and solutions firm in Brazil. Financial terms of the agreement, which was announced on Nov. 25, were not disclosed and the acquisition is subject to …

Hong Kong-Based Latitude Brokers Launches P&I Club Comparison Tool

Latitude Brokers, the Asia-based marine insurance specialist, has launched PILOT, an online protection & indemnity (P&I) club comparison tool. In time for the 2017 P&I renewal season, PILOT distills critical information for each club in the International Group (IG) “into an …

Miller Appoints Griffiths to Its Sports & Entertainment Team

David Griffiths, who has held several top sports insurance broking and production roles in a career spanning 25 years has joined Miller’s sports and entertainment team to further boost its growth plans. Griffiths began his insurance career in 1991 with …

Marsh to Acquire UK-Based Bluefin Insurance from AXA for $369.4M

Marsh announced it has reached agreement with AXA Group to acquire Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc. The transaction, which is subject to regulatory approval, is expected to close in the first quarter of 2017. AXA …

Hurricane Matthew Could Cost US & Caribbean Economies $15B: Aon Benfield

Hurricane Matthew, which swept through parts of the Caribbean and United States, had total economic losses of up to US$15 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. In the U.S., economic losses (or non-insured losses) from …

Arthur J. Gallagher Buys London-Based Employee Benefits Firm, Argentis

Arthur J. Gallagher & Co. announced the acquisition of Argentis, based in London, England. Terms of the transaction were not disclosed. Founded in 2005, Argentis is a financial planning and employee benefits consultant that provides benefit and wealth management services to private …

RFIB Names Leith-Smith, Penfold & Hawkins, Forming SE Asia Marine Cargo Team

RFIB Group Ltd., the London-based Lloyd’s insurance and reinsurance broker, announced the appointments of Paul Leith-Smith, Giles Penfold and Will Hawkins who will form a new Southeast Asia marine cargo team. The team joins from the broker, Ed, and will …

Aon Launches Cyber Risk Mgmt Solution in Response to EU Data Protection Law

Aon plc has launched a risk management solution designed to help organizations prepare for a new data protection law due to come into force on May 25, 2018. The law, known as the EU General Data Protection Regulation, or GDPR, …

Bains to Step Down as CEO of DUAL; Firm to Be Led by Regional Mgmt Board

Hyperion Insurance Group, the London-based insurance intermediary group, announced that Talbir Bains, CEO and CUO of DUAL Group, the underwriting arm of Hyperion, has decided to step down from his role at the end of January 2017. Bains joined DUAL …

Arthur J. Gallagher Taps JLT’s Boyle & Ollerenshaw for Credit & Political Risks Team

Arthur J. Gallagher has appointed industry stalwarts Rupert Boyle and Nick Ollerenshaw as executive directors, aiming to deepen its specialist capabilities in credit and political risks insurance. They report to Mark Gubbins, managing director of the specialist Structured Credit & …