Price Forbes & Partners, an independent, London-based specialist insurance broker, announced the expansion of its business through the establishment of a Treaty Reinsurance Division. Starting October first, the newly-formed division will be lead by Paul Bumpstead as Managing Director, Reinsurance. …
Charles Binns, Divisional Director of Professional Risks at London-based broker Cooper Gay, told delegates at last week’s BrokersLink Global Conference that the introduction of new laws in a number of countries, making professional indemnity insurance obligatory for a wide range …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the UK’s Brit Insurance Limited (BIL). Best also affirmed the ICR of “bbb” of Brit Insurance Holdings N.V. (BIHNV), based …
Avoca Insurance Holdings has established Manchester Specialty Programs Inc.(MSP) as a national programs platform based in New Hampshire. The company will focus on providing a comprehensive range of coverage to specialty industry sectors in partnership with highly rated carriers. Manchester …
Strengthening its presence in the Florida property/ casualty market, global professional services company Towers Watson has appointed two industry veterans with experience in the state. Robert Betz has been named practice leader for the company’s Florida P/C insurance services, and …
U.S. terrorism insurance purchase rates continued to climb in 2009 as companies of all sizes and across all industries continued to buy terrorism coverage, according to a report by global broker Marsh. Sixty-one percent of firms surveyed by Marsh purchased …
Global insurance brokers Willis Group Holdings has appointed Michael K. Neborak as executive vice president and Group chief financial officer. Neborak will report to Joe Plumeri, chairman and CEO, and will serve as a member of Willis’ Executive Committee. He …
EPIC (Edgewood Partners Insurance Center), a retail property/casualty and employee benefits insurance brokerage, has added Jim Hilbrant as a producer in its Orange, Calif., office. His responsibilities will include the acquisition of new business and the design, placement and management …
The Independent Insurance Agents of Texas (IIAT) honored Stacey Boldt, assistant branch manager with Town & Country Insurance in Galveston, with the Accredited Customer Service Representative (ACSR) of the Year award at IIAT’s 113th Annual Conference and Trade Show on …
Every independent insurance agency wants to find and keep good talent, but how exactly do you do that? Paul Saich, CEO of Thoits Insurance in San Jose, Calif., has a plan. His company developed a formalized program about 14 years …
