Cooper Gay Swett & Crawford (CGSC) News

CGSC to Rebrand London Insurance Brokerage Operations for 50th Year

Cooper Gay Swett & Crawford (CGSC) has announced the renaming of its London market brokerage businesses in advance of its 50th year of trading. From January 1st, 2015, CGNMB LLP will become the single united brand, combining Lloyd’s brokers Cooper …

Sullivan Appointed Chairman of Cooper Gay Swett & Crawford

Cooper Gay Swett & Crawford (CGSC), the global reinsurance, wholesale and specialty broker, announced the appointment of Martin Sullivan as a director and Non-Executive Chairman of the Group, effective immediately. “He takes over from Frank Witthun, who has stepped down …

Advisen’s Ruggieri Replaces Hooper as North America CEO for Cooper Gay Swett Crawford

Global wholesale and reinsurance broker Cooper, Gay, Swett & Crawford said that Thomas P. Ruggieri will join the company as chief executive officer and president of the North American operations effective Oct. 10. Ruggieri, CEO at Advisen Ltd., replaces Shaun …

CGSC Launches Marine Specialists Latitude in Hong Kong

Latitude Brokers Ltd., previously the Marine Division of Cooper Gay Asia, has been launched as a separate entity. The change follows the receipt of regulatory approval in July 2014 by the Hong Kong Confederation of Insurance Brokers. The newly incorporated …

CGSC CEO Esser Targets Acquisitions, Cost Reductions to Reestablish Growth

Cooper Gay Swett & Crawford (CGSC), the global reinsurance, wholesale and specialty broker, has announced plans to streamline costs and generate operational efficiencies following the filing of the group’s 2013 report and accounts and a downgrade to ‘B-‘ with a …

S&P Lowers Cooper Gay Swett & Crawford Ratings to ‘B-’; Outlook Stable

Standard & Poor’s Ratings Services has lowered its long-term corporate credit rating on London-based global wholesale and reinsurance broker, Cooper Gay Swett & Crawford (CGSC) to ‘B-’ from ‘B’ with a stable outlook is stable. S&P also said it has …

CGS&C’s New MGA Targets U.S. Healthcare Industry with Lloyd’s

Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry. The new venture, Pro-Praxis Insurance, will be led by Robert Allen who has 25 years of experience in the industry, …

Cooper Gay, NMB Appoint Stephenson to Head Joint Reinsurance Unit

UK-based broker Cooper Gay & Co Ltd. and Newman Martin and Buchan LLP (NMB), have appointed Martin Stephenson as CEO for their combined Reinsurance business, effective immediately. Stephenson was previously managing director of the NMB Reinsurance division. He brings over …

CGSC Expands Wholesale Brokerage Business in Latin America

Cooper Gay Swett & Crawford (CGSC), the independent global wholesale and reinsurance broker, announced plans to expand its Swett & Crawford wholesale brokerage business into the Latin American market. The growth strategy and investment were announced earlier this month by …

Cooper Gay Swett & Crawford Launches 1st MENA Operation in Dubai

Global wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) announced that after receiving the requisite approval from the Dubai Financial Services Authority it has launched Cooper Gay (Dubai) Limited, a wholly owned subsidiary of Cooper Gay (Holdings) Limited. …