Agents & Brokers News

Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations

Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1, 2019. The addition of JLT’s global aerospace retail and wholesale insurance …

Arthur J. Gallagher Buys Minority Stake in India’s Edelweiss Insurance Brokers

Arthur J. Gallagher & Co. announced it has purchased a minority stake in Edelweiss Insurance Brokers Ltd. (EIBL), a wholly owned subsidiary of Edelweiss Group, the Indian diversified financial services conglomerate. The deal is subject to approval by the Insurance …

Insurance Agency Tragedy: 3 Hilb Group Executives Die in Plane Crash

The Hilb Group, headquartered in Richmond, Va., has confirmed that three regional executives died in a plane crash near Roatán, Honduras, on Saturday, May 18. Rob Miller, regional leader, Hilb Group – New England, and managing director of Dowling & …

UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks

The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33 industries. In comparison, survey respondents globally ranked …

Aon Makes Leadership Changes in Global Reinsurance Clients Team

Aon plc announced organizational changes within its Global Reinsurance Clients team, which supports 25 of the largest global insurers. Part of Aon’s Reinsurance Solutions business, the team was launched in 2014 to ensure that the firm consistently delivers the full …

Arthur J. Gallagher Buys Swiss Broker Verbag Versicherungsberatungs

Rolling Meadows, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Swiss insurance broker Verbag Versicherungsberatungs AG. Terms of the transaction were not disclosed. Based in Zug, Switzerland, Verbag offers commercial lines, employee benefits, accident & health and high-net-worth …

AFL Insurance Brokers Promotes Bines as UK CEO

Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the appointment of Jonathan Bines as CEO of AFL UK, effective June 1, 2019. His appointment is part of the company’s strategic plan to gear up for expansion in North America. Currently …

Hub International Acquires Saskatchewan-Based Kelliher Agencies

Hub International Ltd., the Chicago-based global insurance broker, announced it has acquired the assets of Kelliher Agencies, headquartered in Kelliher, Saskatchewan, Canada. Terms of the transaction were not disclosed. Kelliher Agencies is a full service, independent insurance brokerage that provides …

Guy Carpenter Names Senior Reinsurance Leadership Team to Further Integrate JLT Re

Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos., announced a series of international leadership appointments to facilitate the integration of Jardine Lloyd Thompson Group plc, which was acquired …

Hub International Acquires Canada’s Clarity Benefits Group

Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired the assets of Clarity Benefits Group Inc. Terms of the transaction were not disclosed. Based in Calgary, Alberta, Canada, Clarity is an independent, boutique-style firm providing employee benefit …