brokers News

Kerr to Head BMS Growth in Australia, Asia-Pacific

Global broker BMS Group announced that it has “achieved another major strategic goal with the appointment of respected Australia-based facultative broker, Glenn Kerr.” Kerr will join the BMS’ wholesale team, led by Nick Cook, from Aon Benfield “upon completion of …

BMS Group’s Pioneer Names Hinman in U.S. Expansion

The UK-based BMS Group, an independent global broker, announced the appointment of delegated authority underwriter Gene Hinman, who will join its Managing General Agent (MGA) platform, Pioneer Underwriting Ltd, in a move BMS described as the achievement of “another significant …

Legrand Joins Broker MDS as COO to Expand International Business

MDS Holdings, the European and Latin American insurance brokerage group, announced that Jacqueline Legrand has joined the firm as Chief Operating Officer and Board director. She will be responsible for guiding the MDS’ expansion into new international markets outside of …

R K Harrison Completes Specialty Lines Purchases from Gibbs Hartley Cooper

London-based R K Harrison announced that it completed the purchase of four businesses within Gibbs Hartley Cooper (GHC), a part of Marsh UK, on the 31st May. The businesses “comprise all of GHC’s Specie and Cargo practices and most of …

Hagerty Classic Car Insurance Now Available to Canadian Brokers

Hagerty Insurance Agency, the specialist provider of collector vehicle insurance, announced that as of April 24, 2012 its subsidiary, Hagerty Canada, LLC, will make similar coverage available to all brokers in Canada. The policies will be underwritten by Aviva Canada …

China Broker CNinsure Announces Changes to Board of Directors

CNinsure Inc. an independent insurance intermediary company operating in China, announced that the board of directors of the Company has appointed Yunxiang Tang as an independent director of the Board and Yongwei Ma has resigned from the Board following the …

Aqua Underwriting Enters UK Commercial Market with High Net Worth Products

UK-based Aqua Underwriting announced the launch of a range of niche commercial combined products exclusively for brokers, building on its success with high net worth (HNW) products in the personal lines market. Aqua said its “first commercial products and schemes …

UK Prime Minister, Lloyd’s Chairman Unveil Ambitious ‘Vision 25’ Plan

Insuring the Olympic Games: Major Risks, Much Secrecy, Heavy Coverage

One hundred days to go before the 2012 Olympic Games open in London. As that day moves closer, preparations, which have been going on for some time, speed up. Today’s ceremony in a rainy Kew Gardens, presided over by Committee …

Cooper Gay Swett & Crawford Reports 2011 Earnings of $344 Million

Cooper Gay Swett & Crawford (CGSC), the global wholesale and reinsurance brokerage group, has released strong results for the year ending 31 December 2011, reporting revenues of $344 million and EBITDA of $69 million with and net cash earnings of …