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ALL RISKS Obtains A++ market for E&O for insurance agents in the p-c, life, A&H, variable annuities, variable life and mutual funds sectors. Insolvency coverage and consent to settle included. Punitive damages covered where allowed by law. Limit options start at $500,000/$1 million. Deductibles start at $1,000 with aggregates available. Optional first-dollar defense, defense outside limits and mutual funds. >> Hugh Mooney promoted to VP and branch manager of the Atlanta office. >> Hires Don Deising as branch manager and senior broker in Orlando. He was regional VP at Bliss & Glennon. His team is moving with him. >> Michael Hayes joins National Specialty Programs to head nationwide temporary staffing workers comp program. He was EVP for an MGA in New York.
www.allrisks.com

AMWINS Tanya Buswell promoted to transportation team leader in Dallas.
www.amwins.com

AON Aon Risk Solutions, in cooperation with QBE Insurance, is offering the Aon Zero Collateral Deductible Program to provide an alternative to traditional collateral requirements. Organizations using it will be charged a one-time upfront fee based upon creditworthiness. Zero Collateral eliminates line-of-credit fees, unlocks credit line capacity and capital that would otherwise be held as collateral, removes balance sheet uncertainties that accompany collateral adjustments, and gets rid of problems emanating from carrier negotiations over collateral release. Participants can’t expect annual losses to exceed $5 million, and their targeted minimum credit rating must be at least BB+ (S&P) or the equivalent. >> Working with Zurich and advertising agency WPP to offer global companies coverage for tarnished reputations.
www.aon.com

ARTHUR J. GALLAGHER Acquires Heath Lambert for $158 million in an all-cash deal. Adrian Colosso remains as head and will report to David Ross, CEO of Arthur J. Gallagher International. Sixteen Heath Lambert offices and all 1,200 employees join Gallagher ranks. Acquisition allows Gallagher to become a large retail brokerage in a market were it has been primarily a wholesaler. >> Buys ITI Solutions, a Singapore-based specialist brokerage focusing on marine cargo, political risk, trade credit risk and specialty lines. It is licensed to place business in Asian reinsurance markets. ITI will trade internationally as Gallagher Singapore from its current location under the direction of David Ross, CEO of Gallagher’s London-based international brokerage unit. Freddie Lim, Lillian Seet and associates staying on. >> Also buys Fish & Schulkamp, a retail p-c brokerage in Madison, Wis. Eric Olson and associates will continue on from current location under direction of Thomas Gallagher, Midwest regional manager for retail p-c. >> Purchase of Meyers-Reynolds in Oklahoma City complements energy practice. Lee Reynolds, David Brown, Paul Brown and associates will remain in Oklahoma City and Tulsa locations under direction of Michael Henthorn, south central regional manager for retail p-c. >> Three promotions to corporate VP: Norbert Chung, Western Region EVP for employee benefits; John Neumaier, South Central Region EVP for employee benefits; and William Ziebell, North Central Region EVP for employee benefits.
www.ajg.com

BARNEY & BARNEY Hires Michael Grant as director of technology practice in commercial division of Orange County, Calif., office. He was principal with Costello & Sons Insurance.
www.barneyandbarney.com

BOLT Signs with Zurich Small Business to distribute small commercial products to business owners nationwide on BOLT Insurance portal platform.
www.boltinsurance.com

BROWN & BROWN Subsidiary Apex Insurance Agency buys Global Intermediaries of Eugene, Ore., a wholesaler of excess liability, workers comp, med mal, police professional and other specialty lines to self-insured public entities. Staff will remain in Eugene offices but will operate as Apex Insurance Services. >> Brown & Brown of New York buys Fitzharris Agency, Fitzharris & Co. and Fitzharris Administrators, all doing business under the name Fitzharris Insurance. The Farmingdale, N.Y., firm will become a stand-alone unit under direction of Dennis Fitzharris Jr. >> Purchase of First Horizon from First Tennessee Bank completed. It will change name and operate as Brown & Brown of Tennessee.
www.bbinsurance.com

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