Lightyear Capital News

S&P Responds to Swett & Crawford Sale

Standard & Poor’s Ratings Services has removed its ratings on Cooper Gay Swett & Crawford Ltd. (CGSC) from CreditWatch with developing implications, where S&P initially placed them Nov. 13, 2015. At the same time, S&P has raised its long-term corporate …

Brown & Brown Names Abernathy Senior VP of Wholesale Unit

Florida-based insurance intermediary Brown & Brown Inc. has appointed J. Neal Abernathy as a senior vice president of its wholesale division. Abernathy will continue to serve as chairman of Decus Insurance Brokers Ltd., the London brokerage operation Brown & Brown …

Qatar Insurance Company Enters Lloyd’s Market with Antares Acquisition

Qatar Insurance Company SAQ (QIC) announced that it has reached agreement to acquire the entire share capital of Antares Holdings Limited, together with its subsidiaries, a specialist insurer and reinsurer operating in the Lloyd’s market. QIC said the acquisition of …

Gorman Named Interim CEO at Cooper Gay Re Following Carlier’s Quick Exit

Cooper Gay Swett & Crawford (CGSC) has named Peter Gorman as interim chief executive officer of its North American subsidiary Cooper Gay Re following the departure of Ron Carlier. Carlier was appointed CEO of Cooper Gay Re only six months …

Cooper Gay Swett & Crawford Moving to ‘Next Level,’ Says CEO Esser

On the last day of February, international independent broker Cooper Gay Swett & Crawford (CGSC) made some significant changes in the management of its U.S. operations. In a telephone interview with Insurance Journal, CGSC Group CEO Toby Esser described them …