Leader's Edge   Return to Table of ContentsTell the Editor
Leader's Edge

Industry News


New reinsurance brokerage started by Rod Fox and James Stanard focuses mainly on catastrophe business for now. Fox is chairman and CEO. Stanard serves in a consultant capacity. Ted Blanch, Jr. is vice chairman. Other partners include Larry LaMere and Marc Lauricella. Alpha Re has established a partnership with BMS Group in London as well.


All of Aon’s retail operations are now under one banner—Aon Risk Services. Aon Risk Services CEO Steve McGill takes on additional duties of chairman, and Ted Devine serves as president. >> Andrew Appel takes Devine’s place as CEO of Aon Re Global and will remain as chairman of Aon Consulting. His former position as CEO of Aon Consulting is now shared by co-CEOs Kathryn Hayley and Baljit Dail. >> Aon buys Arthur J. Gallagher’s reinsurance operations in the U.S. and Britain. The purchase price is $30 million plus an additional payment based on performance over the next year. >> Lisa Caldwell is the new COO for Aon Consulting Worldwide. www.aon.com


Subsidiary Risk Placement Services acquires Leicht General Agency, a Houston-based wholesale brokerage and managing general agent specializing in excess and surplus p-c coverage. >> AJG buys Taylor Benefits, a Utah-based employee benefits specialist brokerage. >> Also purchases The Commonwealth Consulting Group, and employee benefits specialist in Pennsylvania. >> AJG sells its U.S. and British reinsurance operations to Aon. (See Aon entry for more details.) www.ajg.com


Acquires Burkey Risk Services, a provider of risk management and employee benefits services in Florida. www.bbt.com


Opens Decus Insurance Broker Ltd. in London, Brown & Brown’s first operation based outside the U.S. It will have four divisions: property, casualty, professional liability and binding authority programs. Anthony Strianese is CEO of the new unit. www.bbinsurance.com


Expands reinsurance services to Europe. Michel Fernandez is managing director of Collins’ European operations. www.collins.com

< Prev1 2 3 Next >
(3 pages)
 Return to Table of Contents

Email PagePrint PageArticle reprintsArticle tools sponsored by

Full Leader's Edge Archive. Previously published articles, listed by subject below.

arrow Industry Leaders    arrow Wholesalers    arrow Legal Issues   arrow Regulatory Issues  
arrow International Risk arrow Management    arrow Industry News    arrow Regulatory News
arrow Market News   arrow Cartoons

Council Edge
Your weekly online update of broker news and analysis

The Council Calendar

Wholesale Insurance Leadership Forum, May 10-12 2010

Employee Benefits Leadership Forum, June 1-4 2010

CFO Workshop/Leadership Development Conference, June 16-18