Simon Stovell has joined Ed as divisional director for its risk solutions team.
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Ed has backed calls for a league table of brokers using electronic placement.
Exclusive: Besso is facing an almost $10m lawsuit from a group of hotel companies in the Caribbean, after an ex-director was alleged to have concealed brokerage.
At a time of year when good cheer to all men is encouraged and Scrooge is forgiven all his wicked ways and most of the world has been out enjoying their Christmas parties (I know we have), it appears the insurance world is still seen as the Grinch.
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.
“Extraordinary animals, each in a heroic struggle against rivals and against the forces of nature, fighting for their own survival and for the future of their ‘Dynasties’."
With the takeover of Ed, BGC president Shaun Lynn believes he now has the person in its CEO Steve Hearn to help it realise its insurance ambitions. The pair spoke to Jonathan Swift about how an investment in technology, talent, globalisation and a finely…
As whiplash legislation speeds through parliament, claims management companies have increasingly been looking into other avenues to keep the coffers full and cavity wall insulation claims have spiked. CMCs may be the industry’s own bugbear, but this…
A holding company will be established for Ed and Besso, with Steve Hearn as group CEO. However the two BGC-owned brokers will remain separate companies.
Global reinsurance, wholesale and specialty broker Ed has been acquired by BGC Partners.
The challenges of bringing Lloyd’s trading into the 21st century
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
Some of the movers and shakers in the market this month
Small firms needn't fear their lack of resources will make being diverse a challenge but must be authentic, a London market audience has been told.
Ed Broking has appointed Minesh Jani as CEO of Middle East and North Africa, India and Indian sub-continent.
London market broker Ed is rolling out its own digital trading platform that will complement Lloyd’s payment placement platform.
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
Global reinsurance, wholesale and specialty broker Ed has appointed James Blacker as managing director of property and casualty.
Reinsurance, wholesale and specialty broker, Ed has appointed Ian Wicks as chairman of non-marine reinsurance.
Lloyd’s broker Bishopsgate has appointed Gordon Newman as executive chairman.
London market broker Ed has appointed Andy Wakefield as managing director of marine and energy reinsurance.
London market insurance and reinsurance provider Ed has appointed Neil Perry as chief financial officer.
Giving an established broker like Cooper Gay an edgy rebrand would be a risky choice for even the most self-assured CEO, but for new CEO Steve Hearn, a man whose hobbies include running marathons across Antarctica, such tasks are a walk in the park.