McGill and Partners News

People Moves: McGill and Partners Names Aon’s Mignon Deputy CFO; Lockton’s Pye Joins Miller’s Solicitors PI Team; HDI Promotes Dave as UK Head of Aviation & Space

This edition of International People Moves details appointments at McGill and Partners, Miller, and HDI Global Specialty. A summary of these new hires follows here. McGill and Partners, the boutique specialist re/insurance broker, has appointed Dominic Mignon as deputy CFO …

MGA First Underwriting Forms £1B, 5-Year Capacity Deal With R&Q’s Accredited

First Underwriting Ltd., the London-based specialist MGA that is part of Kingfisher UK Holdings, announced a five-year capacity deal to place approximately £1 billion (US$1.4 billion) of gross written premium into the market. Working in partnership with Accredited Insurance (Europe) …

M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic

The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out insurance to protect against issues such …

Boutique Broker McGill and Partners Launches Bermuda Operation

McGill and Partners, the boutique specialist re/insurance broker, is set for further expansion following regulatory approval for its Bermuda operation. The office will officially open later this month. The Bermuda office will complement McGill and Partners’ other international operations as …

People Moves: JLT Re’s González to Oneglobal LatAm; Aon’s Cousar to McGill and Partners in APAC; CFC’s Alsegard Leads Gallagher’s IP Practice

This edition of International People Moves covers appointments at three London-based brokers: Oneglobal, McGill and Partners, and Gallagher A summary of these new hires follows here. Oneglobal Broking, the London-based broker, announced the appointment of José Miguel González as chief …

People Moves: 3 Promoted at Carpenter and Marsh; Chesman to McGill & Partners; Millwater Heads Global Insurance at Acrisure

These International People Moves detail appointments at four brokers: Marsh, Guy Carpenter, McGill and Partners, and Acrisure. A summary of these new hires follows here. Leading insurance broker and risk adviser Marsh, and its reinsurance broking subsidiary Guy Carpenter announced …

People Moves: Peak Capital’s Manning to Miller; Carpenter’s Jones to Lockton Re, and Aon’s Mula to McGill and Partners

This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A summary of these new hires follows here. Miller, a London-based independent specialist re/insurance broker, announced the appointment of Erik Manning …

Container Ship Could Block Suez Canal Like a ‘Beached Whale’ for Weeks

ISMAILIA, Egypt – A huge container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global …

Insurers of Container Ship Aground in Suez Canal Face Millions in Claims

LONDON – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship is refloated quickly, industry sources said on Wednesday. The 400-meter, 224,000-tonne …

Insurers Face Disputes with Their Reinsurers over UK COVID-19 Business Income Claims

Top insurance companies, ordered by Britain’s highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who should foot the bill, industry sources said. Bars, beauty parlors, …