Cooper Gay Swett & Crawford News

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 …

Hearn of CGSC to Become CEO of Lloyd’s Broker CGNMB After Newman Retires

CGNMB LLP, the London-based Lloyd’s broker, announced that Gordon Newman will retire from his role as CEO on April 20. Subject to regulatory approvals, his role and responsibilities will be assumed by Steve Hearn, CEO of Cooper Gay Swett & …

BB&T Completes Acquisition of Swett & Crawford

BB&T Corp. said it has completed its acquisition of wholesale insurance and reinsurance broker CGSC North America (Swett & Crawford) from Cooper Gay Swett & Crawford. North Carolina-based BB&T said it acquired the U.K.-based Swett & Crawford for $500 million …

S&P Responds to Swett & Crawford Sale

Standard & Poor’s Ratings Services  has removed its ratings on Cooper Gay Swett & Crawford Ltd.  (CGSC) from CreditWatch with developing implications, where S&P initially placed them Nov. 13, 2015. At the same time, S&P has raised its long-term corporate …

Cooper Gay Swett & Crawford to Sell North American Business

Cooper Gay Swett & Crawford (CGSC), the U.K.-based global wholesale, underwriting management and reinsurance broking group, announced today that, following a strategic review of its group businesses, the company will pursue a sale of its North American business unit (CGSC …

CGSC North America Nabs 3 Senior Executives

Wholesale broker CGSC North America has made three senior appointments in its business development, partnerships and marketing operations.  All three will report to Tom Ruggieri, who last October became CEO of CGSC North America, which is part of Cooper Gay …

Cooper Gay Swett & Crawford Launch MGA for Lumber, Building Materials Market

Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest products companies, as well as building materials manufacturers …

Cooper Gay Uruguay Launched; Ferrari Appointed Managing Director

Cooper Gay Swett & Crawford (CGSC), the reinsurance, wholesale and specialty broker, has launched Cooper Gay Uruguay as part of its strategic expansion in Latin America. Based in Montevideo, the team will focus on placing both facultative and treaty reinsurance …

CGSC’s Esser on Managing Wholesale Expansion and Growth

Cooper Gay Swett & Crawford’s CEO, Toby Esser, has had a busy year since we last spoke with him at the Reinsurance Rendezvous in Monte Carlo, but the company he heads (CSGC) is moving forward to realize cost savings from its …

Brown & Brown Names Abernathy Senior VP of Wholesale Unit

Florida-based insurance intermediary Brown & Brown Inc. has appointed J. Neal Abernathy as a senior vice president of its wholesale division. Abernathy will continue to serve as chairman of Decus Insurance Brokers Ltd., the London brokerage operation Brown & Brown …