Ed Broking
Private Equity: With the same brush
Industry insiders say that a recent report prescribing the pitfalls of private equity backing misrepresents the bigger picture. Are they right? Or is there hope on the horizon?
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
Cooper Gay hires global M&A head
Cooper Gay Swett and Crawford have hired Oliver Homer as global head of mergers and acquisitions, effective 17th June 2013.
CGSC hires KBW vice president Homer as global M&A director
Cooper Gay Swett and Crawford has appointed Oliver Homer as global head of mergers and acquisitions.
Market Moves: All quiet on the hiring front as industry resists major appointments
Recruitment activity was muted this week, with insurers unveiling just a smattering of hires and broker activity similarly low key. In an otherwise quiet period, Ace hired an environmental risk manager and Kiln appointed a new non-executive director. BMS…
Carlier named Cooper Gay Re CEO
Former RK Carvill and Minet Re chief executive Ron Carlier is to return to the industry leading the reinsurance subsidiary of Cooper Gay Swett & Crawford.
Lloyd’s broker Safeonline names new COO
Cyber and technology broker Safeonline has recruited a former consultant and Cooper Gay Swett & Crawford business development boss to serve as partner and chief operating officer.
View from the Top: The American invasion gathers speed
Private equity investment from the US into London Market brokers is seemingly in vogue in 2013, with a considerable amount of new capital entering the market.
CGSC secures $500m financing deal
Cooper Gay Swett & Crawford has today completed a $500m (£326.6m) financing exercise from US-based investors.
Cooper Gay buys out Chilean JV partner
Broker Cooper Gay has moved to a 100% shareholding in Cooper Gay Chile S.A. following the acquisition of the remaining 49.99% shareholding from Servicios Security SA.
Antares returns profit of £12m and sub-100% COR
Antares' managed syndicate 1274 has reported a leap in profit to £16m for the full-year 2012 compared to a loss of £12.2m in 2011.
Market Moves: Brokers bring in more new recruits with JLT, Marsh and Willis welcoming fresh faces
Brokers Marsh, Willis and JLT dominated the broking space this week with a raft of new appointments. Marsh created a new corporate division, JLT added three new staff to its financial institutions team and Willis recruited chief executives for its…
Cooper Gay poaches JLT professional risks specialist
Independent broker Cooper Gay has appointed Graham Dick as a director of its professional risks division.
Cooper Gay targeting UK, Europe and offshore financial institutions with JLT hire
Insurance and reinsurance broker Cooper Gay has swooped to recruit JLT's Graham Dick.
CGSC reveals US management changes
Shaun Hooper has succeeded Neal Abernathy as president and chief executive of Cooper Gay Swett & Crawford's wholesale, reinsurance broking and underwriting operations in North America.
NMB confirms Cooper Gay acquisition talks
Energy broker Newman Martin Buchan has confirmed that it is in exclusive negotiations over a potential acquisition by Cooper Gay Swett & Crawford.
Reinsurance: Superstorm in a teacup?
While destruction wreaked by Superstorm Sandy hasn’t hit the reinsurance sector as hard as might be expected, the market faces challenges in the shape of overcapitalisation and PPOs.
View from the Top: London looking for leadership
Independent brokers in the capital must adapt to survive the US-led private equity feeding frenzy, says Toby Esser.
Cooper Gay completes Lightyear deal
Cooper Gay Swett & Crawford has confirmed that its investment agreement with Lightyear Capital has completed.
Post magazine - 17 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Market moves: Towergate and Kinetic get the recruitment ball rolling for 2013
Towergate and Kinetic were the most active recruiters this week, each bringing in a raft of new hires. Towergate welcomed a seven-strong team to its office in Aberdeen, while Kinetic brought in three new staff from Lime Street brokers.
Broking: Lloyd's & London market - Capital investment
Strong US interest in the Lloyd's and London market is driving acquisition activity in the broking sector, but will the City continue to prove popular with overseas investors in 2013?
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Post magazine - 20/27 December 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.