Chicago-based Hub International Limited announced that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition were not disclosed. Hub’s bulletin explained that “HCIL, which operates …
London-based Cooper Gay & Co. announced that the independent insurance and reinsurance intermediary is “offering a free crisis management and business continuity consultation to its Terrorism & Political Risks policy holders on a worldwide basis. “The service is being made …
Specialist insurance and reinsurance broker Miller Insurance Services LLP has opened an office in Paris in a move to increase its reinsurance presence in Europe. Pierre Guntzberger will be based at the new office and will “work closely with the …
London-based Catlin Underwriting Agencies Limited, a unit of Catlin Group Limited, announced that it is studying how technological innovations could improve service to brokers and clients in the Lloyd’s market. As part of the project Catlin recently hosted an interactive …
London-based R K Harrison Insurance Brokers and Conosur Corredores de Seguros Y Reaseguros (Conosur) announced that they have reached an exclusive agreement to cooperate on all new business emanating from Chile. The agreement covers both insurance and reinsurance opportunities that …
Don’t tell Toby Esser, Cooper Gay Swett & Crawford’s CEO, that the global economy is in the doldrums. “We’ve had substantial organic growth over the last 12 months with property up around 20 percent, and an increased market share,” he …
A bulletin from Lloyd’s notes that “high potential employees from US broking firms will spend the coming week in London, standing in the shoes of the Lloyd’s underwriter and gaining a detailed understanding of how business is transacted in the …
Privately-owned global insurance broker Lockton announced that it “plans to strengthen its position in Latin America by entering into a joint venture with facultative reinsurance broker, Security Re, in Ecuador. “The new venture will be titled Lockton Security Intermediarios De …
Employee-owned, London-based insurance broker R K Harrison announced that David Rees has joined the firm to “head a dedicated cyber practice within its specialist casualty team, responding to the increasingly sophisticated demands for coverage in this space.” Rees joins R …
London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed Mark Ritson, formerly a UIB Energy director, to head the property division and to spearhead its growth. The team has …
