David McManus News

Mullen Named CEO of Artex; McManus Becomes Chairman

Artex Risk Solutions, the Bermuda-based alternative risk management solutions provider, announced that Peter Mullen has re-joined the company as chief executive officer, with David McManus assuming the new role of chairman. The move was first announced in March 2018. Artex …

Aon’s Mullen to Re-Join Artex Risk Solutions as CEO

Artex Risk Solutions announced that Peter Mullen will be re-joining the company in March 2019 as CEO-elect. He will step into the role once he has fulfilled his contractual obligations to Aon Captive & Insurance Management, where he has been …

Artex Risk Solutions Launches Singapore Office, Led by Pannuzzo from Aon

Bermuda-based Artex announced the creation of Artex Risk Solutions (Singapore) Pte Ltd., its first office in the region, which will oversee the growth and development of Artex’s Asia Pacific captive and risk solutions strategy. Vic Pannuzzo has been hired as …

Gallagher’s Artex Acquires Quest Holdings (Gibraltar), Expanding Europe Foothold

Bermuda-based Artex Risk Solutions* announced that it has acquired Quest Holdings (Gibraltar) Ltd., the largest insurance manager in Gibraltar. Founded in 2004, Quest specializes in providing services to insurance companies in Gibraltar, which provided the ability to operate throughout the …

Bermuda-Based Artex Buys Hexagon Insurance PCC, to Boost ILS Capability

Artex Risk Solutions announced it has entered into a definitive agreement to acquire the cores of Guernsey-domiciled Hexagon Insurance PCC Ltd. and its subsidiaries. All regulatory approvals have been received and the deal is expected to close on March 31, …

Arthur J. Gallagher to Buy Kane Group’s Insurance Management Operations

Itasca, Ill.-headquartered Arthur J. Gallagher & Co. announced it has reached an agreement with Kane Group to acquire its insurance management operations (KIM). This acquisition is expected to close on or about March 31, 2016 and is subject to certain …