Agents & Brokers News

Gallagher Acquires 65% Stake in Specialist Swiss Broker Hesse & Partner

Gallagher, the insurance broker, risk management services and consulting firm, broadened its footprint in continental Europe by acquiring a 65 percent stake in specialist Swiss broker Hesse & Partner AG and Hesse Consulting GmbH. Terms of the transaction were not …

Integro Completes Acquisition of UK-Based Lloyd’s Broker Tysers

Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, has completed its acquisition of Hawkes Bay Holdings Ltd. (HBH), the privately owned principal parent company of Tyser & Co Ltd., a specialist Lloyd’s broker. Integro said …

Insurers Broadening Architects, Engineers Liability Coverage: Survey

While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …

Miller Hires RKH’s Denee, Marsh’s Moseley for Its Credit and Political Risks Team

Rosie Denee and Oscar Moseley have joined Miller to further enhance its credit and political risks offering. Both will be based in London with a focus on political risk and structured credit insurance, specifically for financial institutions. Rosie joins Miller …

Marsh Develops Commercial Blockchain Solution for Proof of Insurance

Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, Marsh said the certificate of insurance process will be transformed “from …

Marsh Subsidiary Jelf to Acquire Scottish Insurance Broker Clark Thomson

Jelf, a consultant that specializes in insurance, risk management and employee benefits, announced it has reached an agreement to acquire Clark Thomson, Scotland’s largest independent insurance broker. The transaction is expected to close in the second quarter of 2018. Terms …

Marsh Taps Adamantiadis from Oman Insurance as CEO of Middle East & Africa

Marsh announced it has appointed Christos Adamantiadis as CEO of a newly combined Middle East and Africa region. The broker also has appointed Ayman El Hout as country leader for the United Arab Emirates (UAE). Based in Dubai, Adamantiadis will …

Hub International Acquires British Columbia-Based ES3 Insurance Services

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the shares of ES3 Insurance Services Ltd. operating as ES3 Advisory. Terms of the acquisition were not disclosed. Headquartered in Vancouver, British Columbia, ES3 Advisory is an employee benefits …

Willis Towers Watson Beefs Up UK Investment Consultancy by Integrating 2 Units

Willis Towers Watson announced the transfer of its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business – a move that aims to help insurers improve their investment strategies. The move, which …

UK-Based United Insurance Brokers Launches Colombian Retail Operation

London-based re/insurance broker United Insurance Brokers (UIB) has launched a retail broking business in Colombia. The new company, UIB Seguros will be headed by CEO, Yolanda Guerra, reporting directly to Tony Dilley, CEO of parent company UIB International. “Colombia is …