Agents & Brokers News

Wholesale Broker H.W. Kaufman Acquires UK MGA Barbican Protect

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 …

Aon and Other Companies Distance Themselves from Prince Andrew over Epstein Links

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. …

Gallagher’s Artex Risk Completes Purchase of ILS Specialist Horseshoe Insurance

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 …

CEO of Gallagher’s UK Broker/Underwriting Unit Apologizes for ‘Insensitive Comments’

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 …

Aon’s Turner Appointed Chairman of Ed Bermuda

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 …

HUB International Acquires Canada’s RBI Advisory Group

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 …

Broker BMS Taps Willis Re’s Irvan as Chief Property Officer, U.S. Reinsurance

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 …

A Trailblazer in the Lloyd’s Marketplace Looks Back and Ahead

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 …

Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit

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 …

Broker Gallagher Loses $12.8M Poaching Lawsuit in London Against Ardonagh

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 …