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Ed unveils CEO Hearn’s replacement and plots Bermuda office

Ship off beach in Bermuda

Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.

Draycott is currently global head of sales and retention at the broker and was previously CEO of its energy, marine and construction division. He will replace Steve Hearn, who has told Post he will

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McGill sold to EQT for £2bn

McGill and Partners and private equity firm EQT have entered into a definitive agreement in which the latter will acquire a majority stake in the former for $2bn (£1.5m).

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For insurance brokers, Andy Lewis, head of people proposition at Hedron Network, says the artificial intelligence debate has shifted from whether to adopt the technology to how to embed it safely, practically and strategically so it delivers lasting value.

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