Towergate Insurance has appointed Paul Longhurst as Broking and Distribution director of Towergate London Markets. Longhurst joins Towergate from Bluefin, where he has been London market broking director for 25 years. Longhurst ran the SBJ London market broking team until …
Arthur J. Gallagher has acquired B.R. Rhymer Insurance Agencies Ltd., a Canadian personal and commercial lines broker located in Winnipeg, Manitoba. The agreement will see the business, which has been operating under a franchise agreement since 1995, become wholly owned …
Chedid Capital Holding, in collaboration with a group of investors in Dubai, has acquired 75 percent of Al Manara Insurance Services Co. Ltd., an insurance brokerage firm with more than 25 years of experience in the United Arab Emirates. This …
Pension Insurance Corp. agreed to insure 900 million pounds ($1.3 billion) of Aon Plc’s Retirement Plan in the U.K. as the world’s second-largest insurance broker seeks to reduce risk. The agreement with Aon covers the majority of the pension fund’s …
Arthur J. Gallagher* has partnered with independent specialist Cardinus Risk Management to offer its commercial property and property investor clients a cost-effective nationwide service that will help eradicate the risk of underinsurance and its far-reaching consequences. With figures revealing that …
Editor’s Note: This announcement has been updated to correct the name – Automobile Insurance Specialists Inc., based in Las Vegas. Confie has acquired three insurance agencies in Las Vegas, South Florida, and Washington State. Confie acquired the assets of: Automobile …
Marsh announced that Abbey Sturrock has joined the firm’s Political Risk and Structured Credit Practice as a senior vice president within the Public Agency Group. Based in London, Sturrock is responsible for delivering Marsh’s advisory and placement capabilities for the …
Capsicum Re, the London-based specialist reinsurance broker, announced it has launched Capsicum Re Latin America (CRLA). “This is a major step in Capsicum Re’s strategy to become a full service, international, challenger reinsurance broker,” said the company, adding that the …
Global Risk Partners Ltd. (GRP), the London-based insurance broking and managing general agent investment vehicle, has completed its second transaction in Northern Ireland by funding the acquisition of broker McGrady Ltd. by Abbey Bond Lovis Ltd. (ABL), a GRP subsidiary. …
Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, has launched ReMetrica Version 7.0 – its next generation platform for risk and capital modeling. Following Solvency II and equivalent regulation, insurers are demanding more value from their …
