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

Industry News


ALLIANT INSURANCE SERVICES
Katie Knowles joins subsidiary T&H Brokers Group as SVP based in White Plains, N.Y. She will target high-net-worth individuals in the entertainment industry. She was most recently an entertainment broker and SVP at USI. She previously worked at Near North and Aon-Albert G. Ruben.
www.alliantinsurance.com

AON
Moving corporate HQ from Chicago to London upon shareholder approval. Move intended to expand global growth, particularly in emerging markets. No staff reductions planned, though 750 staffers will move from Chicago to other U.S. locations. Aon plans to add 1,000 other positions in the U.S. Chicago will still be HQ for the Americas. Will change incorporation from Delaware to England. Expects to see significant reduction in global effective tax rate. Transfer expected to close in Q2. >> Chris Lee-Smith named COO of Aon Risk Solutions’ U.K. retail business based in London. He was COO of Willis U.K. & Ireland. He replaces Tom Tinkler, who was promoted to CEO of Aon’s affinity business. >> Aon Benfield has promoted Henry To from CEO of Greater China to non-executive chairman of that region. Stephen Warwick succeeds To as CEO. He was managing director of treaty and specialty lines for Asia/Pacific. Both are based in Hong Kong.
www.aon.com

ARTHUR J. GALLAGHER
Acquires Riley & Associates, a p-c retail brokerage in South Carolina. Russell Parker and staff will continue in Mt. Pleasant office under direction of Mitchel Brashier, Southeast regional manager of Gallagher’s retail p-c operation. >> Expands upstate New York presence with purchase of Capital Bauer Insurance Agency. David Bauer and team will remain in Albany location and be under direction of Douglas Brown, Northeast regional manager of Gallagher’s retail p-c operation.
www.ajg.com

ASSURED PARTNERS Acquires Dawson Cos. Deal includes Dawson Insurance, Dawson of Florida, Dawson Consulting Group, Group Benefits Agency and Dawson Mid-Atlantic. Michael Sherman, CEO of Dawson, will serve on the board of AssuredPartners and lead the units in northern Ohio, Florida and the Mid-Atlantic. Operations at Dawson remain under current names and locations.
www.assuredptr.com

BB&T Agrees to buy life and p-c division of Crump Group for $570 million in cash. Deal, which includes rights to Crump name, will double BB&T’s wholesale business and make BB&T the nation’s largest wholesale brokerage. John Howard, Crump Group’s president and CEO, will join BB&T in a senior leadership role reporting to BB&T Chairman and CEO Wade Reece. Brian Winikoff, president of Crump Life Insurance Services, will remain in his position. Dave Obenauer, president of Crump Property & Casualty Services, will lead integration with BB&T’s wholesale and p-c unit. Both Winikoff and Obenauer will continue to report to Howard. Acsensus, Crump’s retirement services division, isn’t part of the sale.
www.bbt.com

BMS GROUP Opens office in New York. CEO Carl Beardmore will be based there, and EVP Larry Cantwell will be lead producer in the new office, which is designed to be a hub for all BMS markets. The brokerage is also moving servicing of all reinsurance accounts to Minneapolis.
www.bmsgroup.com

< Prev1 2 3 4 5 6 Next >
 
(6 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 Human Resources    arrow Sales Issues   arrow Industry News
arrow Regulatory News    arrow Market News   arrow Cartoons