Lloyd’s broker Cooper Gay & Co. Ltd. has rebranded its managing general agency platform, Oliva, as Globe Underwriting as part of its decision to refocus on international business. Globe Underwriting will initially specialize in international marine, cargo and professional indemnity. …
The UK-based Jardine Lloyd Thompson Group plc announced that it will combine its existing Spanish retail brokerage business, JLT-SIACI Espana S.L., with the business of March – Unipsa Correduria de Seguros, S.A.U., the fourth largest commercial insurance broker in Spain …
France’s AXA Group and ACE Limited are the final two suitors in the hunt to buy HSBC’s $1 billion general insurance business, people familiar with the matter said. HSBC, Europe’s biggest bank, started the sale of the unit in September …
Networked, LexisNexis Exchange Grass Valley, Calif.-based Networked Insurance Agents has signed on with LexisNexis Risk Solutions Insurance Exchange, a significant step for LexisNexis into the West, the collaborative insurance placement platform said. Networked Insurance Agents has roughly 1,200 small- to …
R-T Specialty, Maclean, Oddy & Associates R-T Specialty LLC, the wholesale broker of Ryan Specialty Group LLC, has acquired Texas-based insurance wholesale firm Maclean, Oddy & Associates Inc. (MOA). MOA is a specialist broker for unusual property/casualty risks with a …
Arthur J. Gallagher, Riley Arthur J. Gallagher & Co. said it has acquired Riley & Associates Inc. in Mt. Pleasant, South Carolina. Terms of the transaction were not disclosed. Riley & Associates Inc. is a retail insurance broker that specializes …
IMAC, Specialty Service Solutions Randolph, Mass.-based International Marketing and Administration Co. (IMAC) purchased Specialty Service Solutions LLC, an insurance brokerage headquartered in Chicago. Specialty Service Solutions provides insurance products for schools, camps, pro sports, amateur sports, travel medical coverage in-bound …
The Navigators Group Rye Brook, N.Y.-based specialty insurer The Navigators Group said its principal underwriting agency subsidiary, Navigators Management Company, expanded its Navigators Re division by launching a professional liability reinsurance unit. The Navigators Group said this new professional liability …
Seattle-based independent actuarial and consulting firm Milliman announced that it has opened a new office in Brussels to augment the “global consulting firm’s growing presence in Europe.” “By adding an office in Brussels, we expand and support our current presence …
MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life insurance and pension businesses in Romania (Aviva Romania …
