Promotes 27-year company veteran Deanna Deardorff to
director of corporate underwriting.
ALLIED INSURANCE BROKERS
Wholesale division is now called Ascinsure Specialty
Risk, targeting crane owners/operators, rental equipment and
party goods dealers, scaffolding, and inland marine markets. It
will add packaged GL/auto to the crane program.
Buys HR service company Hewitt Associates for $4.9
billion in cash and stock. It is Aon’s largest buy ever
and will nearly triple is HR operations. New unit, called Aon
Hewitt, headed by Hewitt chairman and CEO Russ Fradin. >>
Decides to accept supplemental and/or contingent commissions
where appropriate and legally permissible. >> Aon
Benfield has rolled out its next-generation real-time
catastrophe risk management tool, called ImpactOnDemand. It
allows insurers to upload their most current portfolios to
visualize, quantify and connect their exposures to catastrophic
events. It has new features, such as robust global mapping
analysis and management reports. It can plot a million risk
locations in less than five seconds. It is Web-based, requiring
no installation or local storage capacity and provides
real-time info on wide-ranging disaster categories.
Functionality includes pre-binding underwriting analysis, key
risk driver analysis, claims planning and preparedness, and
post-cat and exposure accumulation analysis. >>
Aon/Albert G. Ruben, the retail entertainment division of Aon,
celebrated its 50th anniversary in July.
ARTHUR J. GALLAGHER
Buys Bowen, Miclette, Britt & Merry of Arkansas, a
retail brokerage specializing in healthcare, manufacturing,
retail and poultry industries primarily in Arkansas and
Oklahoma. Philip Merry, Jr. and his staff will continue at
their current location under direction of Mitchel Brashier,
southeastern regional manager of Gallagher’s retail p-c
operations. >> Also acquires employee benefits consulting
firm Benefits United, based in Houston. John Neumaier, regional
EVP of Gallagher’s employee benefits consulting and
brokerage operations, will oversee the unit. >> In Perth,
Western Australia, Gallagher has bought out remaining 60%
equity interest in Specialised Broking Associates Pty. It
provides risk management and commercial p-c insurance and
specializes in mining, energy, construction and corporate
industries. All will continue to operate from current location
under the name SBA Gallagher.
BROWN & BROWN
Buys Meridian Group of New York, provider of life,
health and other employee benefits products and services. David
Carello will lead the shop, and principals Ross Kraft and
Andrew Biernat and their staff will combine operations into
Brown & Brown’s Rome, N.Y., office. >> Also
acquires Commonwealth Insurance Group of Charleston, S.C.,
which provides commercial p-c, group employee benefits, and
workplace safety and wellness products and services.
Commonwealth principal Todd Tyler will lead the group, which is
receiving Brown & Brown’s existing Charleston
operations into Commonwealth’s North Charleston space.
>> Buys Eberhart & Co. Insurers in Roswell, Ga.
Principals J. Ralph Eberhart and Wanda Eberhart and their staff
will move to Brown & Brown’s office in Duluth.
>> Synergy Benefits of Potomac Falls, Va., an employee
benefits firm serving the Washington metro area, bought. Will
join with Brown & Brown Insurance Agency of
Virginia’s existing office in Manassas under Pattysue
Rauh. >> Promotes J. Scott Penny to regional president
overseeing retail operations of certain subsidiaries in the
Midwest, Mid-Atlantic and South.
Adds animal mortality coverage to PCOpro national pest
control program. Covers canines trained to detect insects or
vermin. Limits up to $15,000 per dog, subject to policy
conditions and canine eligibility.
Craig Lowenthal, social media strategist for
Glatfelter, elected president of the Insurance Accounting &
Systems Association for FY 2010-2011.
Martin Pepper joins as head of London-based Marine and
Energy Practice. He was a director of brokerage Walsham
THE HILB GROUP
Brokerage started by Robert H. Hilb, co-founder of Hilb
Rogal & Hobbs, and his son, Robert J. Hilb, begins
expansion in middle-market segment. Acquires business of Joseph
Caruso, which focuses on management liability and employee
benefits, and makes Caruso head of Hilb’s financial
services practice. >> Merges with J. J. Jerome
Associates/EAI. Jerome specializes in physician and dental
professions in New York. James Jerome will head the unit for
Hilb, along with founder Jerry Jerome.
Buys retail book of business from Maple Leaf Insurance
Agency of Washington state. >> Acquires assets of
Pollman’s Insurance Agency, a Los Alamitos, Calif.,
full-service agency, offering personal and commercial lines,
life and health insurance. It has a specialty in classic