Agents & Brokers News

JLT Re Taps Bardon as Bermuda Partner, Working with Industry Loss Warranty Team

JLT Re, the London-based reinsurance broker and consultancy, has appointed Nicolas Bardon as a partner in JLT Re’s Bermuda operation reporting to Guy Hengesbaugh. Bardon will work closely with Gary Reynolds and others on the industry loss warranty team in …

What Agents Want from Carriers in 2022: Survey

Independent agents and brokers who work primarily in personal lines believe competitive pricing, carrier technology and customer service will be more important in five years than they are now. The sentiment is quite different in commercial lines, where agents say …

Asia Floods Bring Economic Damages of More Than $10B in July: Aon Report

The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model development …

Aon Agrees to Buy Dutch Broker Unirobe Meeùs Groep from Aegon for $347.9M

Aon Groep Nederland announced it has entered into an agreement to acquire Utrecht-based broker Unirobe Meeùs Groep (UMG) from Aegon for €295 million ($347.9 million). The transaction is subject to works council advice and approval by the Dutch regulators, and …

Arthur J. Gallagher & Co. Buys Canadian Broker GPL Assurance

Arthur J. Gallagher & Co. announced the acquisition of GPL Assurance Inc. (GPL), located in Montreal, Quebec. Terms of the transaction were not disclosed. Founded in 1968, GPL is a retail insurance broker offering commercial property and casualty services to …

JLT Re Appoints Ed’s Gray as Cyber Treaty Specialist, London & International Team

JLT Re, the global reinsurance broker and consultant, has appointed Ben Gray as a partner in JLT Re’s London & International Markets (LIM) team with a focus on cyber treaty. Gray joins from UK-based broker Ed where he was a …

Guy Carpenter Names Gallagher CEO of Asia Pacific Region; Jones Is Chairman

Guy Carpenter & Co. announced that Tony Gallagher has been appointed CEO of the Asia Pacific Region, with immediate effect. In addition, Richard Jones has been promoted to chairman of the region. Most recently CEO of the Pacific Region, Gallagher …

Broker THB Taps Botelho from Universal Seguros to Bolster Reinsurance Team

THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Rodrigo Botelho as director, European division, from Oct. 1, 2017. Based in THB’s Amsterdam office, Botelho’s duties will include targeting new markets in the Portuguese-speaking countries of Africa. …

ILS Issuance in Q2 Breaks New Record at $6.3B: Willis Towers Watson

Non-life insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson Securities, the investment banking business of Willis Towers Watson. …

UK Broker Beach Names RenRe’s Goldberg as Senior VP, Casualty Reinsurance

Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president. He is based in the London office and reports to Adam Hedley, partner. Goldberg will play an integral role …