Aviation, airliner landing

Gallagher snaps up aviation broker Boston Marks

2018-12-07T10:46:00+00:00

Arthur J Gallagher has snapped up Boston Marks Group which includes Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom.

Dan-Glaser

JLT notifies staff of £100mn retention awards ahead of new global structure

2018-12-05T16:48:00+00:00

As the post-takeover operating structure of MMC and JLT begins to take shape, JLT’s qualifying staff have been notified of their entitlements under the £100mn retention bonus scheme that was announced as part of the £4.3bn acquisition.

london city skyline

GRP sees gross written premium climb 27% to £700mn

2018-12-05T14:47:00+00:00

Specialist insurance consolidator Global Risk Partners has seen gross written premium exceed £700mn, up 27 percent on 2016/17 as the Peter Cullum led firm builds on ambitions to be a £1bn GWP business.

David-Ross

Ardonagh posts £69mn loss for 9m 2018

2018-11-30T10:15:00+00:00

Expansive UK broking Group Ardonagh said its pre-tax losses shrank to £69mn for the first nine months of the year, an improvement on the £98mn loss a year earlier for the same period.

New York

TigerRisk Capital Markets hires Stephen Fromm

2018-11-26T11:31:00+00:00

TigerRisk Partners has named Stephen Fromm as Vice Chairman of TigerRisk Capital Markets & Advisory - its risk, capital and strategic advisory arm.

Fca logo

Further delay in publication of FCA wholesale broker probe findings

2018-11-21T14:25:00+00:00

The Financial Conduct Authority (FCA) has once again pushed back the publication date of the initial findings of its wholesale insurance broking study to the first quarter of next year.

New York

TigerRisk Capital Markets hires Stephen Fromm

2018-11-26T11:31:00+00:00

TigerRisk Partners has named Stephen Fromm as Vice Chairman of TigerRisk Capital Markets & Advisory - its risk, capital and strategic advisory arm.

Victor-F-Ganzi-Willis

WTW unveils new chairman

2018-11-19T17:33:00+00:00

Victor Ganzi, the president of the PGA Tour and former CEO of US media conglomerate Hearst Corp, will replace James (Jim) McCann as chairman of the Willis Towers Watson (WTW) Board from 1 January 2019.

lloyds city

Four Miller executives retire after Willis lock-ins expire

2018-11-05T12:15:00+00:00

Three years after the $393mn majority sale to Willis, London market wholesaler Miller Insurance Services LLP has announced the imminent retirement of four long-serving executives following the end of the “lock in” period earlier this year.

RSG-Lodestar

Ryan Group MGA Lodestar in talks with new capacity after RSA withdrawal

2018-11-19T15:43:00+00:00

Lodestar Marine Ltd, the London-based fixed premium P&I MGA, is negotiating with fresh capacity following the decision by UK insurer RSA to withdraw from a number of London market classes.

space

Occam bolsters management team following departures

2018-11-05T10:06:00+00:00By Rebecca Hancock

Occam Underwriting – formerly Sciemus – has made two appointments to build out its management team following a series of exits from the company this year.

Lloyd's, City of London

BP Marsh ups stake in Nexus as sale is shelved

2018-10-30T15:20:00+00:00

BP Marsh has increased its stake in MGA Nexus by 1.9 percent.