Agents & Brokers News

BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries Inc., the group’s U.S. reinsurance intermediary arm. Addesso and Lowery-Biggers also join as …

Ed Broking Launches E-Trading Platform Called ‘TradEd’ in Bermuda

Ed Broking, the London-based reinsurance, wholesale and specialty broker, announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the e-trading platform that is used in-house by BGC insurance companies* globally, is now available to …

BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by Insurex Group. A long-term business plan has been agreed …

EC3 Brokers Launches Casualty and Cyber Specialty Division

EC3 Brokers announced the launch of its specialty division, with the appointment of Jonathon Lane as head of the division. Lane is joined by Dominic Toogood and Gary Moore. All three joined on May 1 and initially will report to …

Crane Named CEO of Specialist Re/insurance Broker THB Group

THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group and president of the International division of AmWINS Group, Inc., global distributor of specialty insurance products and services. Crane succeeds …

Gallagher Releases Pandemic Group Insurance Product for India’s Front-Line Workforce

International insurance broker Gallagher announced the release of a Pandemic Group Insurance product, providing a comprehensive COVID-19 indemnity cover solution to the India market. For essential workers and front-line services including hospital and healthcare providers, food distribution, and pharmaceutical manufacturers, …

Willis Towers Watson Withdraws 2020 Target on COVID-19 Crisis; Q1 Revenues Up 7%

Willis Towers Watson is withdrawing its 2020 guidance due to the uncertainties caused by the COVID-19 pandemic. The broker said it will re-assess the guidance once it has a clearer understanding of the depth, duration, and geographic reach of the …

Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson

Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes in the United States and UK from the novel coronavirus, surpassing claims from the 9/11 attacks. A report by the …

6 Ways Insurance Brokers Can Be a Resource to Clients During COVID-19 Crisis

Risk managers at companies of all kinds have been forced to rapidly evaluate how the coronavirus pandemic is affecting their businesses. They’ve had to react quickly with limited information while trying to forecast future developments. At the same time, they …

Brokerslink Network Expands in Latin America with Two Broker Affiliates

Global broking business Brokerslink announced the addition of two Latin American affiliates to its network: Asescor S.R.L. Corredor de Seguros (Asescor), based in Bolivia, and CyR Consultores in El Salvador. Asescor, headquartered in Santa Cruz de la Sierra, is a …