San Diego, Calif.-based K2 Insurance Services LLC has named Mark Smith president. He has nearly 30 years of insurance experience, including underwriting, actuarial and finance leadership roles. He most recently spent four years at Marsh-owned MGU Victor. K2 Insurance Services …
Philadelphia Energy Solutions filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East Coast. …
A new insurance distribution partnership XPT Group reports it has acquired WSS, a Plano, Texas, wholesale broker and managing general agency (MGA) including Western Security Surplus Insurance Brokers Inc. and its managing general underwriting program division West-Pro. The transaction closed …
London-based private equity firm B.P. Marsh & Partners has invested $6 million in a startup New York-based specialty lines insurance distributor that is headed by several well-known wholesale insurance executives. The management team at the new firm, which is named …
Wholesale broker CGSC North America has made three senior appointments in its business development, partnerships and marketing operations. All three will report to Tom Ruggieri, who last October became CEO of CGSC North America, which is part of Cooper Gay …
R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group, appointed industry veteran Mark Smith as president and managing director for the firm’s New York operation. Smith is a well-known industry executive in the wholesale segment. He brings to R-T …
