Broker
Giles deal costs AJG $4.2m in expenses
Integration expenses related to the Giles acquisition cost Arthur J Gallagher $4.2m (£2.5m), according to the global broker’s 2014 Q1 results.
Bluefin appoints Acxiom's Higgins as PE head
Bluefin has appointed Jon Higgins as its head of private equity, where he will focus on developing Bluefin’s mergers and acquisitions practice in the private equity and corporate arena.
Chase Templeton acquires Ealing-based SJS Healthcare
Chase Templeton has acquired Ealing-based SJS Healthcare Associates in a deal adding £2m annual premium income to its books.
Brightside recruits three for senior roles
Listed broker Brightside has recruited a chief operating officer for its retail division, capacity and pricing manager and a head of compliance.
Gallagher buys Wesfarmers broking division for A$1.1bn
International insurance broker Arther J Gallagher & Co. has bought Wesfarmers insurance broking operations based in Australia, New Zealand and the UK for A$1.1bn ($928m).
Gallagher acquires in New Zealand
Arthur J. Gallagher has acquired commercial insurance broker Auckland-based Mike Henry Insurance Brokers.
Ex-Astbury Wren CEO banned and fined for misuse of funds
The director of Astbury Wren has been found to have breached a fundamental regulatory principle and has been subsequently banned from undertaking any regulated activity and fined £70 000 by the Financial Conduct Authority.
Devine launches ‘tech savvy’ motor broker
Former Ageas retail commercial director Brendan Devine has formally launched his new motor broker Sure Thing, targeting a best in class online experience.
Randall appointed senior vice president of Lockton
Lockton has appointed Mark Randall as senior vice president, who joins the MENA operation in the Dubai International Finance Centre.
Towergate recruits from G4S for IT director
Towergate has named a new IT director from G4S with responsibility for service across underwriting, finance, HR, legal, risk and compliance.
Bluefin recruits Thistle CUO to lead MGA
Bluefin has recruited Thistle’s chief underwriting officer to lead its new managing general agent.
Swinton extends Quindell contract until March 2015
Outsourcing provider Quindell has agreed an extension of a material contract with high street broker Swinton.
C-Suite: Empowering young Asian professionals
A senior Indonesian insurance broker reflects on how companies in the Asian insurance sector can help attract, retain and develop the best young graduates.
AA survey highlights pothole 'crisis' as claims skyrocket
AA president Edmund King is calling on politicians to recognise the “crisis” impacting UK roads after a survey by his organisation showed that a rising number of motorists rate local roads as being in a ‘terrible condition’.
Keelan Westall adds three products to e-trading platform
Hampshire-based broker Keelan Westall has added three products to its residential risks e-trading platform including cover for blocks of flats and a new product for property owners.
RK Harrison sees 44% boost to 2012/3 pre-tax operating profits
RK Harrison has recorded a substantial year-on-year jump in pre-tax operating profits for the year ended 30 June 2013, with figures leaping from £15.8m to £23.7m.
CGSC boss Esser responds as firm's rating outlook slips
Cooper Gay Swett and Crawford chief executive Toby Esser has welcomed Standard and Poor’s decision to maintain its B credit rating, despite a challenging operating environment seeing the firm’s outlook slip to negative.
Deakin insists retail CEO Blanc is in it for the long haul as AJG buys Oval
Commercial director hoping for third time lucky after Colosso and McManus exits
Market Moves - 3 April 2014
A round up of who has moved where in the market this week.
C-Suite: Broker: Staff health catching up with safety
Health and safety gets a bad rap at times, and when it does so the focus is nearly always on the safety half of the equation and its regulations.
In Series: Mid-corporate Risks: Taking care of business
From slips and trips to cyber risks, the retail and wholesale sector has a changing risk profile – and insurers are perfectly placed to advise
Gallagher to axe Giles brand in May
Arthur J Gallagher is planning to drop the Giles brand in two months, with the Oval name set to disappear further down the line, commercial director Janice Deakin has told Post.
Gallagher acquires Oval for £199m
Gallagher has completed a deal to acquire Oval for £199m, with Peter Blanc serving as Gallagher’s new chief executive of UK retail.
Bradshaw takes Biba consultancy role
Barbara Bradshaw has moved to a consultancy role at the British Insurance Brokers' Association focusing on member engagement and contributing to the smaller brokers' advisory board.