Hugh W. Wood, chairman and founder of HW International, the London-based broker, died peacefully on April 26, 2019, at the age of 75. Wood founded the HW International Group in 1982 and expanded the brokerage to offices in 10 countries. …
Ryan Specialty Group (RSG) and Nationwide announced they have formed a new Bermuda reinsurance company, Geneva Re Ltd. Columbus, Ohio-headquartered Nationwide will own 50 percent of the venture with RSG and RSG-related investors holding the remaining 50 percent. Reinsurance industry …
Lockton MENA Ltd. has appointed Ata Khatib as its new chief executive officer. Based in the Dubai International Financial Centre (DIFC), Khatib will lead the broker’s subsidiaries in the Middle East and North Africa (MENA) region, said a statement from …
London-headquartered EC3 Brokers announced the appointment of James Murphy to the newly created role of head of broking. Murphy joined EC3 on May 1 from Integro Insurance Brokers Ltd. and will be responsible for expanding EC3 Broking’s marketing activities and …
Insurance broking veteran Steve McGill and a team of insurance industry veterans have partnered with Warburg Pincus, a global private equity firm, to launch McGill & Partners, a new specialty risk solutions business. The broker will focus on strategic risk …
Arthur J. Gallagher & Co. announced the acquisition of Australian insurance broker AgriRisk Services Pty Ltd. Terms of the transaction were not disclosed. Headquartered in North Sydney, New South Wales with offices in Tamworth, NSW and Toowoomba, Queensland, AgriRisk Services …
Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global Risk Management Survey, which aims to identify the challenges organizations face …
Aon plc announced it has combined its Construction & Engineering and Inland Marine teams into a single, dedicated global unit within its Reinsurance Solutions business. The new Global Construction & Inland Marine practice aligns with the approach of many reinsurance …
Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Group (JLT), which was acquired …
Canadian insurer The Co-operators announced it has purchased Robinson & Associates Insurance Brokers in Niagara Falls and Ridgeway, Ontario. Financial details of the deal were not disclosed. The brokerage’s portfolio includes personal and commercial insurance policies, said The Co-operators in …
