wholesale broker News

London’s EC3 Brokers Starts U.S. Property Wholesale Unit; 3 Jeffery Brothers to Head

London-based EC3 Brokers has launched a U.S. property wholesale division based in London, with the appointments of Matthew Jeffery as managing director and David and Daniel Jeffery as divisional directors. The brothers, who joined EC3 Brokers at the end of …

How Brokers Influence Specialty Insurance Product Innovation

In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects of specialty insurance. Whether it’s reputational, cyber, gig economy …

Genstar Capital to Succeed Lovell Minnick as Investor in Worldwide Facilities

Los Angeles, Calif.-based national wholesale insurance broker Worldwide Facilities has signed an agreement with Genstar Capital, a San Francisco-based private equity firm, for an investment in Worldwide Facilities. The financial terms of the transaction were not disclosed. Private equity firm …

Arthur J. Gallagher Acquires Michigan’s Regency Group

Arthur J. Gallagher & Co. has acquired the Regency Group (Regency), a wholesale insurance broker and program administrator located in East Lansing, Michigan. Terms of the transaction were not disclosed. Established in 1981, Regency provides group and large firm self-insured, …

Burns & Wilcox Names CRC’s Fuhrman to Retail Agency National Relationship Post

H.W. Kaufman Financial Group and Burns & Wilcox announced that Marc Fuhrman will join the firm in a new role as national relationship manager. Fuhrman, based in Los Angeles, formerly served as senior vice president of National Agency Relations at …

XS Brokers Adds Jimcor’s Dudkiewicz as It Expands to Mid-Atlantic States

XS Brokers, one of the largest independent insurance wholesale brokerages in New England, is opening a new office in the greater Philadelphia area and has hired Alan Dudkiewicz to lead the firm’s efforts in the Pennsylvania-New Jersey-Delaware-New York region. Dudkiewicz …

BB&T Completes Acquisition of Swett & Crawford

BB&T Corp. said it has completed its acquisition of wholesale insurance and reinsurance broker CGSC North America (Swett & Crawford) from Cooper Gay Swett & Crawford. North Carolina-based BB&T said it acquired the U.K.-based Swett & Crawford for $500 million …

McCasland Joins Texas-Based LevelFirst as Vice President

LevelFirst, the service-based wholesale broker and MGA binding facility owned by IIAT Services Co., has appointed Heath McCasland as vice president. McCasland will assume the responsibility of brokering new business opportunities within the wholesale brokerage and MGA business units. McCasland …

LevelFirst Names Moeser as EVP; Adds Sherman as Services Manager

Dallas-based wholesale insurance broker and managing general agent, LevelFirst, announced that April Moeser has been named executive vice president. With more than 25 years of experience in commercial insurance sales, marketing, underwriting and claims, Moeser is charged with the primary …

Marsh Appoints Davies as Global CEO of Bowring Marsh

Marsh announced with immediate effect the appointment of Tom Davies as global CEO of Bowring Marsh, Marsh’s international wholesale placement broker. Davies previously led Bowring Marsh’s hub in the UK and Ireland. Based in London, Davies has global responsibility for …