Agents & Brokers News

Beach Forms Specialty/Wholesale Unit to Be Led by Sutton & Humphreys from Integro

Beach, the London-based re/insurance broker, announced the formation of a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys. Humphreys and Sutton previously held joint leadership roles at Integro UK for over …

WTW’s New Global Ecosystem Resilience Facility Provides Finance, Risk Mgmt Solutions

Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …

Aon Benfield Taps Paire & Karhan from Carpenter for Capital Advisory, Terrorism Specialty Units

Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announces two new high profile appointments to lead its Capital Advisory and Terrorism Specialty divisions: Eric Paire and Emma Karhan, respectively. Reporting to Nick Frankland, UK CEO of …

Hub International Acquires Manitoba-Based Desilets Insurance Brokers

Hub International Ltd., the Chicago-based insurance brokerage, announced it has acquired the shares of Desilets Insurance Brokers Ltd. Terms of the acquisition were not disclosed. Based in Elie, Manitoba, Desilets offers personal and commercial insurance lines and specializes in providing …

SMEs Need to Ready for Cyber Battle: Endeavour’s Loizides

A classic mistake made by many small and medium sized enterprises is to assume that they are immune from cyber attacks because hackers and fraudsters have bigger fish to fry. As a result, SMEs can be under-prepared in the face …

Hub International Acquires Ontario-Based GMS Insurance

Hub International Ltd., a Chicago-based global insurance brokerage, announced that it has acquired the shares of GMS Insurance (SWO) Inc. Terms of the acquisition were not disclosed. Based in Kitchener, Ontario, GMS Insurance is an independent benefit consulting firm that …

Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered

Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business interruption (BI) caused by acts of terrorism “using remote digital interference.” The renewed cover, brokered by Guy Carpenter, has been …

AFL Insurance Brokers Taps JLT’s Rowland, Alston Gayler’s Cavani for Property Team

Independent Lloyd’s broker AFL Insurance Brokers Ltd. hired re/insurance professionals Barry Rowland and Chris Cavani to augment its wholesale property team. Formerly a facilities and binder partner at JLT Re, Rowland joins AFL as director, Property & Casualty. Cavani joins …

Ryan Specialty Group Agrees to Buy UK P&I MGA Lodestar Marine from Tawa

Ryan Specialty Group LLC (RSG) announced it has reached a definitive agreement to acquire London-based Lodestar Marine Ltd., an MGA in the protection & indemnity (P&I) fixed premium marine market, from Tawa Associates Ltd.* Lodestar’s operations will become part of …

Hub International Acquires Canadian Broker Kindersley Insurance

Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley, Saskatchewan, with an office in Dodsland, Kindersley Insurance Ltd. is …