November 27, 2019
H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Barbican Protect Ltd., as part of its continued expansion into the UK market, subject to regulatory approval. Purchased from Barbican Insurance Group for …
November 21, 2019
The U.K.’s former state phone company is the latest organization to distance itself from Prince Andrew after a prime time television interview threw fuel on the fire of the controversy surrounding his relationship with convicted child sex offender Jeffrey Epstein. …
November 18, 2019
Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed its purchase of Bermuda-based Horseshoe Insurance Services Holdings Ltd. Financial terms of the deal, which was first announced in October …
November 14, 2019
Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former employees left Gallagher-owned Alesco to join Ardonagh Group. Comments made by Matson and other Alesco executives came to light when …
November 7, 2019
Ed, the reinsurance, wholesale and specialty broker, announced it has appointed John Turner as chairman of Ed Bermuda. In this newly created role, Turner will “provide hands-on support to realize the potential of the recently formed operation” in Bermuda. He …
November 5, 2019
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group. Terms of the transaction were not disclosed. Located in Okotoks, Alberta, Canada, RBI Advisory Group has provided strategic group …
November 4, 2019
BMS Group, the London-based specialist re/insurance broker, announced the appointment of Jeff Irvan as chief property officer, U.S. reinsurance, reporting to BMS U.S. Reinsurance President Pete Chandler. The appointment is effective immediately. Irvan is the latest in a series of …
October 31, 2019
When Vicky Carter, Guy Carpenter’s chairman of Global Capital Solutions, International, started working in the insurance industry 40 years ago, she was one of only a handful of women. She reflects here on how the industry has changed and the …
October 29, 2019
Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational headquarters in London and the switch of …
October 25, 2019
Insurance broker Arthur J. Gallagher Group lost a 10 million-pound ($12.8 million) lawsuit against rival Ardonagh Group Ltd. in a case highlighted by racially charged comments that put a spotlight on the cutthroat world of London insurers. Judge Clive Freedman …