Cooper Gay Swett & Crawford (CGSC) News

Cooper Gay Names Prinn as Head of Global Placement

Cooper Gay, the global reinsurance, wholesale and specialty broker, has appointed Jonathan Prinn as head of global placement. He takes up his new role on Sept. 12 and will report to Steve Hearn, group CEO. Prinn brings over two decades …

CGSC Appoints Wallin as Group Commercial Director with M&A Expertise

Cooper Gay Swett & Crawford (CGSC), the London-based reinsurance, wholesale and specialty broker, announced the appointment of Andy Wallin as group commercial director. He takes up the role with immediate effect. Wallin brings to his new role over a decade …

BB&T to Buy Swett & Crawford for $500M

Three months after it announced it would sell its North American operations, U.K.-based wholesale and reinsurance broker Cooper Gay Swett & Crawford (CGSC) has a buyer. North Carolina-based BB&T Corp. has agreed to acquire CGSC North America Holdings Corp. for …

Latitude Brokers Completes Management Buyout of CGSC Stake

Hong Kong-based marine insurance specialist Latitude Brokers has announced the management buyout of its shareholding previously owned by Cooper Gay Swett & Crawford (CGSC). Financial terms of the deal were not disclosed. Andrew Brooker, Founding Partner of Latitude Brokers said: …

CGSC Appoints Hooper, Newman, Ruggieri to Holding Company Board

Global broker Cooper Gay Swett & Crawford (CGSC) has appointed three senior officers to its board of directors with immediate effect. Shaun Hooper, CEO of CGSC International, Gordon Newman, CEO of CGNMB and Thomas P Ruggieri, CEO & President of …

Cooper Gay Swett & Crawford Appoints Padilla Gen’l Manager-Parts of Lat. Am.

Independent wholesale broker Cooper Gay Swett & Crawford (CGSC) has appointed Alejandro Padilla as General Manager and Head of Broking for Mexico, Central America, Puerto Rico and the Dominican Republic, effective August 16, 2015. He will join CGSC from Swiss …

Swett & Crawford Brasil Expands with Purchase of Shares in Local Broker

Wholesale insurance broker Swett & Crawford Brasil, part of Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has purchased 51 percent of the shares of Casa do Corretor, a wholesale …

Cooper Gay Swett & Crawford Posts 2014 Growth; Overall Revenue up 13.4%

Cooper Gay Swett & Crawford (CGSC) as posted the results of its business activity in 2014, which show overall revenue growth from fees and commission of 13.4 percent to $387 million, compared to $336 million in 2013 CGSC’s EBITDA (operating …

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 …

Brokerslink Restructures Board to Drive New Global Growth

Independent insurance broker network Brokerslink announced that it has “restructured its Board of Directors to drive growth and revenue generation following its change from a not-for-profit association to a for-profit global broking company.” The group’s premiums and consulting fees are …