Globe Underwriting News

Ardonagh Group Agrees to Purchase BGC’s Insurance Business for $500 Million

The Ardonagh Group, a leading UK insurance broker, announced it has agreed to acquire the insurance operations of BGC Partners Inc. for $500 million in cash. The transaction is expected to close in the second half of 2021, subject to …

Chubb Appoints Bertossi as VP, Global Underwriting, Succeeding Bonneau

Chubb Ltd. announced it has named Ross Bertossi vice president of Global Underwriting for Chubb Group. He succeeds Jacques Bonneau who announced his retirement. Bertossi will have responsibility for advancing underwriting excellence across the company, including general underwriting policy and …

MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus

Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report to Gary Corke, CEO, Globe …

Cooper Gay Refocuses MGA on International Business

Lloyd’s broker Cooper Gay & Co. Ltd. has rebranded its managing general agency platform, Oliva, as Globe Underwriting as part of its decision to refocus on international business. Globe Underwriting will initially specialize in international marine, cargo and professional indemnity. …