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

Industry News

Has assembled 110 professionals and opened offices in northern California, including San Mateo (HQ), San Francisco, Redwood City and San Jose. The brokerage was formed through the merger of several groups after Insurance Leadership Network acquired JLF Insurance Services, Advanced Professionals Insurance, and Benefit Solutions. Management team consists of Kurt de Grosz, president and co-chairman; Michael McCloskey, CFO; Andrea Trudeau, EVP; Rod Sockolov, EVP; Darren Brown, EVP; Renee Polk, EVP; Stephen Leveroni, EVP and general practice leader; and Chris Call, president of retirement services. All are founding principals.

Enhances Insurance Agents E&O program underwritten through Star Management Co. Now features additional insolvency options, revised rates, no minimum earned, and a more flexible submission process. Can accommodate agents writing specialized lines, such as long-haul trucking, med mal and crop.

Jerry Jones hired as SVP in Houston energy and marine practice. He joins after 11 years at Marsh, where he was VP and oil and gas broker. Has specialty in oilfield service contractors and has environmental insurance background, plus shale at home and abroad.

Promotes William Kramer to SVP and head of sales. He had been managing southern territory. Prior to joining the firm, he held positions at Unum, Reliance Standard Life, Cigna Dental and Vision, and MetLife.

Acquires Special Markets Insurance Consultants, a niche MGU based in Stevens Point, Wis., with an office in Chicago. It provides student accident medical, catastrophe medical, GL, and related coverage for elementary and secondary schools, colleges, youth groups, church groups, rec programs and sports-related associations nationwide. Kim Walker will continue to head the group, along with Nora Stransky.

Enhances Agency Advantage Professional Liability Program for p-c agencies with revenues under $10 million. Changes include abbreviated application process, rapid online rating tool for preferred brokers, diminishing deductible, wrongful employment practice reimbursement, security incident protection, expanded coverage definition, and more extended reporting period options due to death, disability or retirement. Navigators underwrites program through Aon’s Affinity subsidiary. >> Jennifer Oswald joins as VP of health and benefits in Portland and lead client consultant. She was senior consultant at Mercer. >> LeAnne McCorry promoted to national managing principal and executive chairman of Aon Risk Solutions in Detroit, and Carol Williams named as resident managing director and CEO of Detroit office. McCorry will lead a national team to deliver growth in high-net-worth personal lines and executive benefits.

This new agency has entered partnerships with private equity firm Auster Capital Partners and Space Florida, the state’s spaceport authority and aerospace economic development agency, to provide launch and in-orbit insurance to satellite operators worldwide. Richard Parker, former space underwriter and tech director at Axa Space, leads agency. Other team members are Jean-Michel Eid, Bruce Kraselsky, and Robert Mazer. Assure Space is developing new products for assembly and maintenance of orbital facilities, transportation of cargo and crew, spaceport operations, space tourism, and more.

Melissa Kivett promoted to SVP for business development and strategy, reporting to EVP Alan Colberg. >> Francesca Luthi joins as SVP for investor relations. She was SVP for corporate communications and investor relations at Accretive Health and previously worked at Bearingpoint and Accenture.

Arrowhead General Insurance Agency acquires Zurich Insurance’s book of automobile aftermarket business, effective Oct. 1. About 170 Zurich employees will become employed by Arrowhead. Adam Johnson, head of Zurich’s aftermarket business, will join Arrowhead and lead the program. The companies have a 15-year relationship and will continue to collaborate on product development, systems improvement and marketing.


< Prev1 2 3 4 Next >
(4 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