Agents & Brokers News

Broker BMS Taps Willis Re’s Irvan as Chief Property Officer, U.S. Reinsurance

BMS Group, the London-based specialist re/insurance broker, announced the appointment of Jeff Irvan as chief property officer, U.S. reinsurance, reporting to BMS U.S. Reinsurance President Pete Chandler. The appointment is effective immediately. Irvan is the latest in a series of …

A Trailblazer in the Lloyd’s Marketplace Looks Back and Ahead

When Vicky Carter, Guy Carpenter’s chairman of Global Capital Solutions, International, started working in the insurance industry 40 years ago, she was one of only a handful of women. She reflects here on how the industry has changed and the …

Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit

Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational headquarters in London and the switch of …

Broker Gallagher Loses $12.8M Poaching Lawsuit in London Against Ardonagh

Insurance broker Arthur J. Gallagher Group lost a 10 million-pound ($12.8 million) lawsuit against rival Ardonagh Group Ltd. in a case highlighted by racially charged comments that put a spotlight on the cutthroat world of London insurers. Judge Clive Freedman …

Arthur J. Gallagher Finalizes Purchase of Stake in India Broker Edelweiss

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading diversified financial services conglomerate, Edelweiss Group. Financial details of …

Brokerslink Network Appoints Ghazaleh as Middle East Regional Manager

Global broking business Brokerslink announced the appointment of Osama Abu Ghazaleh as Middle East regional manager. The region now has a dedicated representative committed to promoting the growth and development of its independent brokers located there, said Zug, Switzerland-based Brokerslink, …

Aon Appoints Moran to Create Consistent Approach to Client Engagement

Aon plc announced the appointment of Michael Moran to lead the insurance broker’s efforts to drive better client outcomes by scaling best practices across the firm. As executive vice president of “Delivering Aon United,” Moran will focus exclusively on integrating …

Arthur J. Gallagher & Co. Buys Swedish Broker Proinova

Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in delivering group solutions for the real estate sector, …

World Broker Network Adds CEO of Hong Kong-Based Pacific Prime to Board

Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a board member. Founded in 1999, Hong Kong-based Pacific Prime serves more than 4,000 corporate clients from 175 countries worldwide, the …

Arthur J. Gallagher & Co. Completes Purchase of Minority Stake in Prague’s Renomia

Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague, Czech Republic-based broker. Financial terms of the deal, which was first announced in June 2019, were not disclosed. Founded in …