Agents & Brokers News

Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments

Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of Jardine Lloyd Thompson Group plc. …

Hub International Buys Montreal-Headquartered Forum Risques et Assurance

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Forum Risques et Assurance Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada, Forum is a boutique insurance brokerage and risk management firm founded by …

Hub Continues Canadian Employee Benefits Expansion with Purchase of TRG

Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired the assets of TRG Group Benefits and Pensions Inc. (TRG) in Canada. Terms of the transaction were not disclosed. The acquisition continues Hub’s strategy to offer clients a …

Arthur J. Gallagher & Co. Acquires Canadian Broker Jones Brown

Arthur J. Gallagher & Co. announced the acquisition of Canadian insurance broker Jones Brown Inc. and its subsidiaries. Terms of the transaction were not disclosed. Founded in 1997 and headquartered in Toronto, Jones Brown is a retail property/casualty insurance broker …

Gallagher Signs Agreement to Buy UK Specialist Broker Stackhouse Poland

Arthur J. Gallagher & Co. announced it has signed a definitive agreement to acquire 100 percent of specialist UK insurance broker Stackhouse Poland Group Ltd. The transaction is subject to regulatory approval and is expected to close in the first …

Marsh Launches China Desk in Dubai to Tap Growing Business Links

Marsh, one of the world’s largest insurance brokers and risk advisers, has launched a China desk in Dubai to benefit from growing commercial links between China, the Middle East and Africa, its regional chief executive said. The subsidiary of U.S. …

Miller Completes Acquisition of London Re/Insurance Broker Alston Gayle

Insurance broker Miller Insurance Services LLP announced that following receipt of all necessary regulatory approvals, it has completed its acquisition of Alston Gayler and Co. (AG). The transaction strengthens Miller’s position as a leading London wholesale and specialist broking platform, …

Gallagher Bassett Acquires UK-Based Property Claims Management Services

Gallagher Bassett, the risk management services subsidiary of Arthur J. Gallagher, has boosted its size and offering in the United Kingdom by acquiring Property Claims Management Services Ltd. (PCMS). With origins dating back to 1991, Tamworth, England-based PCMS business provides …

Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking

Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker, IBS Re Singapore. Other …

Florida-Based Broker Coin Re Taps Barbican’s Crichton as EVP in London

Florida-based catastrophe reinsurance broker COIN Re has appointed global property reinsurance professional Andy Crichton as executive vice president, effective Dec. 7, 2018. Crichton will be based in London, England, where he will manage COIN Re’s reinsurance marketing and placement strategy. …