Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed the purchase of a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a subsidiary of India’s leading diversified financial services conglomerate, Edelweiss Group. Financial details of …
Global broking business Brokerslink announced the appointment of Osama Abu Ghazaleh as Middle East regional manager. The region now has a dedicated representative committed to promoting the growth and development of its independent brokers located there, said Zug, Switzerland-based Brokerslink, …
Aon plc announced the appointment of Michael Moran to lead the insurance broker’s efforts to drive better client outcomes by scaling best practices across the firm. As executive vice president of “Delivering Aon United,” Moran will focus exclusively on integrating …
Arthur J. Gallagher & Co. announced the acquisition of Helsingborg, Sweden-based insurance broker Proinova. The terms of the transaction were not disclosed. Founded in 1989 by CEO Sten Eriksson, Proinova specializes in delivering group solutions for the real estate sector, …
Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a board member. Founded in 1999, Hong Kong-based Pacific Prime serves more than 4,000 corporate clients from 175 countries worldwide, the …
Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague, Czech Republic-based broker. Financial terms of the deal, which was first announced in June 2019, were not disclosed. Founded in …
Guy Carpenter & Co., the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Cos., announced that Frank Guerriero has been appointed as interim head of International Facultative Operations, reporting to James Nash, CEO, International, Guy Carpenter. Guerriero takes …
Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc. Terms of the transaction were not disclosed. Based in Ottawa, Ontario, Canada, ProCorp Financial is a boutique benefits and retirement consulting firm, specializing in estate …
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the Canadian employee consulting firm, Regency Advisory Corp. Terms of the transaction were not disclosed. Located in Saskatoon, Saskatchewan, Canada, Regency Advisory Corp. “provides innovative and proprietary benefit solutions …
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Anthony Hodges Consulting Ltd. (AHC) in the United Kingdom. Terms of the transaction were not disclosed. Founded in 1996, AHC is a pension, change and reward …
