Insurance Journal » brokers http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Sun, 19 May 2013 04:43:21 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 New Willis Unit to Help Clients Meet Women, Minority Business Requirements http://www.insurancejournal.com/news/national/2013/04/10/287423.htm Wed, 10 Apr 2013 10:00:21 +0000 Amy O' Connor http://www.insurancejournal.com/?p=287423 Willis has started a new practice group called Willis Open to help public entities and corporate businesses build alliances with minority-owned business enterprises (MBE) and women-owned business enterprises (WBE). The company said that Kimberly Waller and Phillip Styles have come …

The article New Willis Unit to Help Clients Meet Women, Minority Business Requirements appeared first on Insurance Journal.

]]> Washington Insurance Department’s ‘Mobile-friendly’ Goal http://www.insurancejournal.com/news/west/2013/02/01/279772.htm Fri, 01 Feb 2013 21:42:53 +0000 http://www.insurancejournal.com/?p=279772 The state agency that regulates Washington’s insurance industry has launched a revamped website designed to be easier to use for consumers and industry professionals. The site is www.insurance.wa.gov. “When people have insurance problems, they want information fast,” Washington Insurance Commissioner …

The article Washington Insurance Department’s ‘Mobile-friendly’ Goal appeared first on Insurance Journal.

]]> Willis North America to Acquire Canadian Benefits Broker Avalon Actuarial http://www.insurancejournal.com/news/international/2012/11/30/272285.htm Fri, 30 Nov 2012 11:17:12 +0000 http://www.insurancejournal.com/?p=272285 Willis North America, a unit of Willis Group Holdings, announced that it has entered into a definitive agreement to acquire the assets of Avalon Actuarial Inc., a Canadian employee benefits brokerage and actuarial consulting services firm. Avalon Actuarial was founded …

The article Willis North America to Acquire Canadian Benefits Broker Avalon Actuarial appeared first on Insurance Journal.

]]> South to Head Marsh’s Combined Asia-Pacific; Piccolomini Continental Europe http://www.insurancejournal.com/news/international/2012/11/29/272156.htm Thu, 29 Nov 2012 13:37:27 +0000 http://www.insurancejournal.com/?p=272156 Marsh has embarked on a major reordering of its regional activities, which it said is “in order to align the delivery of its global capabilities more closely to the needs of clients around the world.” Marsh has combined its Asia …

The article South to Head Marsh’s Combined Asia-Pacific; Piccolomini Continental Europe appeared first on Insurance Journal.

]]> Hub International Acquires Canada Broker Huestis Commercial Insurance http://www.insurancejournal.com/news/international/2012/11/06/269511.htm Tue, 06 Nov 2012 13:57:40 +0000 Charles E. Boyle http://www.insurancejournal.com/?p=269511 Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition were not disclosed. Hub’s bulletin explained that “HCIL, which operates …

The article Hub International Acquires Canada Broker Huestis Commercial Insurance appeared first on Insurance Journal.

]]> Cooper Gay Launches Terrorism & Political Risk Crisis Management Service http://www.insurancejournal.com/news/international/2012/10/08/265874.htm Mon, 08 Oct 2012 09:59:44 +0000 http://www.insurancejournal.com/?p=265874 London-based Cooper Gay & Co. announced that the independent insurance and reinsurance intermediary is “offering a free crisis management and business continuity consultation to its Terrorism & Political Risks policy holders on a worldwide basis. “The service is being made …

The article Cooper Gay Launches Terrorism & Political Risk Crisis Management Service appeared first on Insurance Journal.

]]> Miller Opens Paris Office http://www.insurancejournal.com/news/international/2012/10/05/265639.htm Fri, 05 Oct 2012 12:50:25 +0000 http://www.insurancejournal.com/?p=265639 Specialist insurance and reinsurance broker Miller Insurance Services LLP has opened an office in Paris in a move to increase its reinsurance presence in Europe. Pierre Guntzberger will be based at the new office and will “work closely with the …

The article Miller Opens Paris Office appeared first on Insurance Journal.

]]> Catlin Sponsors Demonstration of ‘Touch Table’ Technology http://www.insurancejournal.com/news/international/2012/10/02/264995.htm Tue, 02 Oct 2012 14:59:15 +0000 http://www.insurancejournal.com/?p=264995 London-based Catlin Underwriting Agencies Limited, a unit of Catlin Group Limited, announced that it is studying how technological innovations could improve service to brokers and clients in the Lloyd’s market. As part of the project Catlin recently hosted an interactive …

The article Catlin Sponsors Demonstration of ‘Touch Table’ Technology appeared first on Insurance Journal.

]]> R K Harrison in Association with Chilean Broker Conosur http://www.insurancejournal.com/news/international/2012/10/02/264956.htm Tue, 02 Oct 2012 09:59:39 +0000 http://www.insurancejournal.com/?p=264956 London-based R K Harrison Insurance Brokers and Conosur Corredores de Seguros Y Reaseguros (Conosur) announced that they have reached an exclusive agreement to cooperate on all new business emanating from Chile. The agreement covers both insurance and reinsurance opportunities that …

The article R K Harrison in Association with Chilean Broker Conosur appeared first on Insurance Journal.

]]> Cooper Gay Swett & Crawford – Looking Forward, Not Back http://www.insurancejournal.com/news/international/2012/09/19/263454.htm Wed, 19 Sep 2012 11:03:13 +0000 Charles E. Boyle http://www.insurancejournal.com/?p=263454 Don’t tell Toby Esser, Cooper Gay Swett & Crawford’s CEO, that the global economy is in the doldrums. “We’ve had substantial organic growth over the last 12 months with property up around 20 percent, and an increased market share,” he …

The article Cooper Gay Swett & Crawford – Looking Forward, Not Back appeared first on Insurance Journal.

]]> US Brokers’ Employees Attend London’s Beazley Broker Academy at Lloyd’s http://www.insurancejournal.com/news/international/2012/09/17/263199.htm Mon, 17 Sep 2012 12:14:40 +0000 http://www.insurancejournal.com/?p=263199 A bulletin from Lloyd’s notes that “high potential employees from US broking firms will spend the coming week in London, standing in the shoes of the Lloyd’s underwriter and gaining a detailed understanding of how business is transacted in the …

The article US Brokers’ Employees Attend London’s Beazley Broker Academy at Lloyd’s appeared first on Insurance Journal.

]]> Lockton Enters Strategic Relationship with Ecuador Broker Security Re http://www.insurancejournal.com/news/international/2012/08/31/261480.htm Fri, 31 Aug 2012 17:10:43 +0000 http://www.insurancejournal.com/?p=261480 Privately-owned global insurance broker Lockton announced that it “plans to strengthen its position in Latin America by entering into a joint venture with facultative reinsurance broker, Security Re, in Ecuador.  “The new venture will be titled Lockton Security Intermediarios De …

The article Lockton Enters Strategic Relationship with Ecuador Broker Security Re appeared first on Insurance Journal.

]]> R K Harrison Hires Rees to Lead New Cyber Risk Practice http://www.insurancejournal.com/news/international/2012/08/14/259242.htm Tue, 14 Aug 2012 12:26:14 +0000 http://www.insurancejournal.com/?p=259242 Employee-owned, London-based  insurance broker R K Harrison announced that David Rees has joined the firm to “head a dedicated cyber practice within its specialist casualty team, responding to the increasingly sophisticated demands for coverage in this space.” Rees joins R …

The article R K Harrison Hires Rees to Lead New Cyber Risk Practice appeared first on Insurance Journal.

]]> UIB Restructures Property Team to Promote Growth http://www.insurancejournal.com/news/international/2012/07/23/256730.htm Mon, 23 Jul 2012 10:26:24 +0000 http://www.insurancejournal.com/?p=256730 London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed Mark Ritson, formerly a UIB Energy director, to head the property division and to spearhead its growth. The team has …

The article UIB Restructures Property Team to Promote Growth appeared first on Insurance Journal.

]]> Finaccord Survey Finds Growth in EU Commercial Non-life Brokerage Receipts http://www.insurancejournal.com/news/international/2012/07/17/255903.htm Tue, 17 Jul 2012 10:48:54 +0000 http://www.insurancejournal.com/?p=255903 Newly released data from Finaccord, a London-based market research consultancy specializing in financial services, reveals that the market for commercial non-life insurance broking reached a value of €9.89 billion [$12.165 billion] in commissions and fees in 2011. The report said …

The article Finaccord Survey Finds Growth in EU Commercial Non-life Brokerage Receipts appeared first on Insurance Journal.

]]> Kerr to Head BMS Growth in Australia, Asia-Pacific http://www.insurancejournal.com/news/international/2012/07/10/254949.htm Tue, 10 Jul 2012 10:39:47 +0000 http://www.insurancejournal.com/?p=254949 Global broker BMS Group announced that it has “achieved another major strategic goal with the appointment of respected Australia-based facultative broker, Glenn Kerr.” Kerr will join the BMS’ wholesale team, led by Nick Cook, from Aon Benfield “upon completion of …

The article Kerr to Head BMS Growth in Australia, Asia-Pacific appeared first on Insurance Journal.

]]> BMS Group’s Pioneer Names Hinman in U.S. Expansion http://www.insurancejournal.com/news/international/2012/06/25/252753.htm Mon, 25 Jun 2012 09:58:40 +0000 http://www.insurancejournal.com/?p=252753 The UK-based BMS Group, an independent global broker, announced the appointment of delegated authority underwriter Gene Hinman, who will join its Managing General Agent (MGA) platform, Pioneer Underwriting Ltd, in a move BMS described as the achievement of “another significant …

The article BMS Group’s Pioneer Names Hinman in U.S. Expansion appeared first on Insurance Journal.

]]> Legrand Joins Broker MDS as COO to Expand International Business http://www.insurancejournal.com/news/international/2012/06/08/250607.htm Fri, 08 Jun 2012 10:12:20 +0000 http://www.insurancejournal.com/?p=250607 MDS Holdings, the European and Latin American insurance brokerage group, announced that Jacqueline Legrand has joined the firm as Chief Operating Officer and Board director. She will be responsible for guiding the MDS’ expansion into new international markets outside of its …

The article Legrand Joins Broker MDS as COO to Expand International Business appeared first on Insurance Journal.

]]> R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper http://www.insurancejournal.com/news/international/2012/06/06/250242.htm Wed, 06 Jun 2012 14:18:46 +0000 http://www.insurancejournal.com/?p=250242 London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh UK, on the 31st May. The businesses “comprise all of GHC’s Specie and Cargo practices and most of …

The article R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper appeared first on Insurance Journal.

]]> Hagerty Classic Car Insurance Now Available to Canadian Brokers http://www.insurancejournal.com/news/international/2012/06/04/249866.htm Mon, 04 Jun 2012 10:11:50 +0000 http://www.insurancejournal.com/?p=249866 Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty Canada, LLC, will make similar coverage  available to all brokers in Canada. The policies will be underwritten by Aviva Canada Hagerty …

The article Hagerty Classic Car Insurance Now Available to Canadian Brokers appeared first on Insurance Journal.

]]> China Broker CNinsure Announces Changes to Board of Directors http://www.insurancejournal.com/news/international/2012/05/18/248119.htm Fri, 18 May 2012 10:09:08 +0000 http://www.insurancejournal.com/?p=248119 CNinsure Inc. an independent insurance intermediary company operating in China, announced that the board of directors of the Company has appointed Yunxiang Tang as an independent director of the Board and Yongwei Ma has resigned from the Board following the …

The article China Broker CNinsure Announces Changes to Board of Directors appeared first on Insurance Journal.

]]> Aqua Underwriting Enters UK Commercial Market with High Net Worth Products http://www.insurancejournal.com/news/international/2012/05/16/247642.htm Wed, 16 May 2012 10:09:51 +0000 http://www.insurancejournal.com/?p=247642 UK-based Aqua Underwriting announced the launch of a range of niche commercial combined products exclusively for brokers, building on its success with high net worth (HNW) products in the personal lines market. Aqua said its “first commercial products and schemes …

The article Aqua Underwriting Enters UK Commercial Market with High Net Worth Products appeared first on Insurance Journal.

]]> UK Prime Minister, Lloyd’s Chairman Unveil Ambitious ‘Vision 25′ Plan http://www.insurancejournal.com/news/international/2012/05/11/247232.htm Fri, 11 May 2012 13:00:03 +0000 http://www.insurancejournal.com/?p=247232 The UK may be in the midst of a prolonged recession, but Lloyd’s has announced an ambitious new strategy – ‘Vision 25′ – which it hopes will improve the situation, and make London in general and Lloyd’s in particular become …

The article UK Prime Minister, Lloyd’s Chairman Unveil Ambitious ‘Vision 25′ Plan appeared first on Insurance Journal.

]]> Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage http://www.insurancejournal.com/news/international/2012/04/18/244043.htm Wed, 18 Apr 2012 17:42:15 +0000 Charles E. Boyle http://www.insurancejournal.com/?p=244043 One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which have been going on for some time, speed up. Today’s ceremony in a rainy Kew Gardens, presided over by Committee …

The article Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage appeared first on Insurance Journal.

]]> Cooper Gay Swett & Crawford Reports 2011 Earnings of $344 Million http://www.insurancejournal.com/news/international/2012/04/05/242244.htm Thu, 05 Apr 2012 10:26:28 +0000 http://www.insurancejournal.com/?p=242244 Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has released strong results for the year ending 31 December 2011, reporting revenues of $344 million and EBITDA of $69 million  with and net cash earnings of …

The article Cooper Gay Swett & Crawford Reports 2011 Earnings of $344 Million appeared first on Insurance Journal.

]]> ABI, UK Government, BIBA Team up to Help Older People Find Insurance http://www.insurancejournal.com/news/international/2012/04/04/242083.htm Wed, 04 Apr 2012 09:01:23 +0000 http://www.insurancejournal.com/?p=242083 A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto] and travel insurance under an agreement between the ABI, the Government and the British Insurance Brokers’ Association (BIBA).” The agreement, which …

The article ABI, UK Government, BIBA Team up to Help Older People Find Insurance appeared first on Insurance Journal.

]]> PwC, CBI Survey Finds, Growth ‘Modest Optimism’ in UK Financial Services http://www.insurancejournal.com/news/international/2012/04/02/241689.htm Mon, 02 Apr 2012 09:23:46 +0000 http://www.insurancejournal.com/?p=241689 A new survey, released by PricewaterhouseCoopers LLP (PwC) and the Confederation of British Industry (CBI) highlights an “unexpected rise in employment,” as well as growth and “modest optimism” in the UK’s financial services sector, including Britain insurers and brokers. “The …

The article PwC, CBI Survey Finds, Growth ‘Modest Optimism’ in UK Financial Services appeared first on Insurance Journal.

]]> A. J. Gallagher Acquires Canadian Broker BenefitLink Resource Group http://www.insurancejournal.com/news/international/2012/03/19/239940.htm Mon, 19 Mar 2012 11:13:01 +0000 http://www.insurancejournal.com/?p=239940 Arthur J. Gallagher & Co. announced the acquisition of BenefitLink Resource Group, Inc., in Calgary, Canada.  Terms of the transaction were not disclosed. The bulletin said BenefitLink was established in 2001, as an employee benefits insurance broker and consultant, providing …

The article A. J. Gallagher Acquires Canadian Broker BenefitLink Resource Group appeared first on Insurance Journal.

]]> UK Broker BMS Launches New Global Construction Initiative http://www.insurancejournal.com/news/international/2012/03/09/238845.htm Fri, 09 Mar 2012 10:57:33 +0000 http://www.insurancejournal.com/?p=238845 Independent global broker BMS Group announced that it has launched a new global construction initiative, to be headed by Gavin Madell, who has over twenty years’ experience in the field. BMS said the new team “will provide an enhanced service …

The article UK Broker BMS Launches New Global Construction Initiative appeared first on Insurance Journal.

]]> Endorsements for All Business Classes in London Go Electronic Says LMG http://www.insurancejournal.com/news/international/2012/03/05/238177.htm Mon, 05 Mar 2012 13:35:43 +0000 http://www.insurancejournal.com/?p=238177 The London Market Group (LMG) announced that the electronic endorsements initiative will extend to all classes of business as of today, the 5th of March.  The extension of the services pilot program to all classes comes less than a year …

The article Endorsements for All Business Classes in London Go Electronic Says LMG appeared first on Insurance Journal.

]]>