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Ed Broking Appoints Kelley from Sompo Int’l as Head of Bermuda Liability Division

Ed, the global reinsurance, wholesale and specialty broker, announces the appointment of Colin Kelley as head of Ed’s new Liability Division in Bermuda. Effective immediately, Kelley will lead the professional lines, casualty and healthcare teams. Kelley brings more than 16 …

Cyber Ranks as Top Peril for Companies Globally for 1st Time: Allianz Survey

Cyber incidents rank for the first time as the most important business risk globally, pushing the perennial top peril, business interruption (BI), into second place, according to the ninth Allianz Risk Barometer 2020. Cyber incidents were named by 39% of …

USI Names Gilbertson Commercial Lines Practice Leader in San Francisco

USI Insurance Services has named Peter Gilbertson commercial lines practice leader for the Greater San Francisco Bay Area. Gilbertson, who is based in San Francisco, will be responsible for leading a team of property/casualty professionals in the delivery of risk …

Lloyd’s Performance Management Director Hancock to Step Down in 2020

Lloyd’s announced that Jon Hancock has decided to step down as performance management director in 2020. At the same time, Lloyd’s also announced that Julia Tyson has been named chief human resources officer, while Jo Scott was appointed chief marketing …

Fire Torches Several Buildings in New Jersey

A large fire that started in an apartment building under construction spread to several other buildings late Sunday in a downtown district, but no injuries were reported. The fire in Bound Brook, N.J., broke out around 8 p.m. Sunday at …

Beecher Carlson Insurance Services Hires Ehrlich to Its New York Office

Beecher Carlson Insurance Services LLC, a specialized large account insurance broker, has appointed Joe Ehrlich as Beecher Carlson’s National Practice Leader for Private Equity, Family Office, and M&A. Ehrlich will report to Chief Operating Officer Bill Daly and will work …

AssuredPartners Acquires Maryland’s The Jordan Insurance Group

AssuredPartners Inc. has acquired The Jordan Insurance Group LLC located in Columbia, Md. The team of five will remain under the operational leadership of Bill Jordan following the acquisition. The agency currently reports $1.1 million in annualized revenues. Headquartered in …

New York Bans Use of Toxic Chemical in Firefighting Foam

New York plans to restrict the use of firefighting foam that contains certain chemicals that have the potential to contaminate groundwater. Firefighting foam can contain polyfluoroalkyl substances, or PFAS, which are man-made chemicals that research suggests can decrease female fertility, …

BPB UW Management Launches Underwriting Agency as MGA Incubator

BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive Director Robin Blunt. BPBUW’s business strategy is …

P. Barrett Brown Named President of Brown & Brown Retail Business

Insurance broker Brown & Brown announced the appointment of P. Barrett Brown as an executive vice president and president of the company’s retail business. Most recently, Brown served as a senior vice president and a regional president in the retail …