Agents & Brokers News

Chile-Based Broker Lilienfeld Names Rossi as CEO, Succeeding Lilienfeld

Lilienfeld Corredores de Seguros has named Claudio Rossi as its next chief executive officer. He succeeds Renato Lilienfeld, who has been CEO since 1986. Lilienfeld will continue as chairman, working closely with Rossi to continue positioning the company as a …

Willis Towers Watson Completes Purchase of French Aviation Broker, OAAGC

Willis Towers Watson has concluded its negotiations with OAAGC, the French aviation brokerage, and has now completed the acquisition of its team and book of business. Willis Towers Watson said the deal makes it the leading aviation broker in France. …

BGC Partners Buys Lloyd’s Broker Besso Insurance

BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London insurance broker specializing in property, casualty, marine, aviation, …

Gallagher Buys Australia’s Ace IRM Insurance Broking Group

Itasca, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of Ace IRM Insurance Broking Group, located in Beenleigh, Queensland, Australia. The terms of the transaction were not disclosed. Founded in 1981, Ace IRM Insurance Broking Group (Ace IRM) is …

Canadian Broker Network Names Robinson as Chairman, Succeeding Miller

Canadian Broker Network (CBN), Canada’s network of independent insurance brokers, has appointed Mike Robinson, president and CEO, PBL Insurance Ltd., as chairman. Robinson succeeds Tim Miller, president of Capri Insurance Services, who has been CBN chairman for the past three …

Willis Towers Watson Plans to Acquire French Aviation Broker, OAAGC

Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances AĆ©riennes G. de Cugnac) was founded in 1898 and its team of 16 is …

Marsh Announces Executive Lineup for Combined Jelf & Bluefin Business

Following the completion of its acquisition of Bluefin earlier this year, Marsh announced that it had appointed a new management team for its combined Jelf and Bluefin business. Led by Phil Barton as CEO, the new management team is drawn …

Ed Announces Series of Appointments and One Departure

Ed, the London-based reinsurance, wholesale and specialty broker, has announced several appointments over the past few weeks in the areas of international property and casualty, marine and energy, finance, and underwriting. The company also announced one departure. Announced on Feb. …

Nat Cats Cost Insurers $39.5B in 2016, Highest Level in 4 Years: Willis Re

Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when market losses totaled US$60 billion, according to a report published by Willis Re, the reinsurance division of Willis Towers Watson. …

Severe U.S. Weather During January Cost Insurers More Than $1B: Aon

Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, Aon Benfield’s catastrophe model development team. The most …