Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for London’s brokers. With the official launch planned for Fenruary …
U.S. Risk Insurance Group Inc., based in Dallas, Texas, has expanded into the specialty reinsurance brokerage marketplace. Goss Reinsurance Brokers Inc. will operate as a specialty reinsurance broker for medium to small insurance carriers, captives, self-insurance funds, risk retention groups, …
David Disiere, CEO of the Dallas-based managing general agency Deep South Insurance Group, plans to leave that position. In 2008, QBE U.S. Agencies, a longtime partner of Deep South and a subsidiary of QBE Insurance Group purchased Deep South from …
The Executive Committee and the Stamping Committee approved an increase in the stamping fee from 0.225 percent to 0.250 percent, effective Feb. 1, 2010, the Surplus Line Association of California announced. All new policies, renewal policies, and extension endorsements with …
The Zurich Financial Services Group announced that it has obtained, through its subsidiaries, Zurich American Insurance Company and Zurich Insurance Company Ltd, a 3-year $225 million catastrophe excess of loss reinsurance protection from Lakeside Re II Ltd. to cover the …
Virginia-based specialty insurer Markel Corp. announced that its president and chief operating officer, Paul W. Springman, has resigned. Springman had been on a leave of absence since late October, Alan I. Kirshner, chairman and chief executive officer, said: “We appreciate …
Marsh announced that it has concluded an agreement to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of the HSBC Banking Group. The total consideration is valued at £135 million ($218 million), to be paid with a “mixture …
Jeffrey Parmenter has joined insurance wholesaler Cowles & Connell of Conn, Inc., where he will serve as vice president of Binding Operations. Parmenter has more than 25 years of property/casualty underwriting experience including with S.H. Smith and Connecticut Underwriters. He …
Marsh has appointed Jonathan Ballard as the jewelers’ block specialist in the London office of its Specie Practice, which delivers insurance services and advice concerning the insurance of valuable property such as diamonds, precious metals, art and cash. He will …
New Jersey-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability broker, has added Joseph Buono as an account manager. Buono joins New Day Underwriting from Protector Insurance Agency where he was a marketing/sales executive. Prior to his …
