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In wake of Hurricane Sandy, Aon Risk Solutions offers Flood Secure, providing replacement coverage to U.S. entities that have impaired aggregated flood limits on their property policy. The product reinstates exhausted or eroded flood limits of liability so insureds have replacement coverage for subsequent events. Coverage matches existing policy language and provides immediate reinstatement of impaired flood limit, even in high-hazard flood zones, up to $25 million for any one occurrence/reinstatement term aggregate limit of liability. Additional limits available. Does not replace NFIP coverage. >> Aon Affinity Healthcare (consumer, association and group program business of Aon Risk Solutions) opens access to Affinity Health Care programs to brokers nationwide. >> Aon Risk Solutions forms Risk Pooling Practice to provide p-c and employee benefits pooling products for private and public sector entities, such as government agencies, professional associations, religious institutions, trusts, joint powers, school districts, etc. >> Aon announces plans to make series of small “tuck-in” acquisitions to boost “client-serving capability,” said CEO Greg Case to Reuters. Expects to spend $300 million to $400 million a year on this strategy. >> Aon Risk Solutions providing exclusive non-practicing entity (NPE) patent litigation insurance from RPX Corp. for small and mid-sized tech clients. >> Rachel Perry joins Aon Risk Solutions as managing director and Southeast regional casualty leader in Atlanta. She was casualty leader in Atlanta for Marsh. >> Liz Frederick joins Aon Global Risk Consulting as head of global insurance-linked securities practice in Bermuda. She was managing director and head of ILS at Kane.

Assurant Solutions names Shawn Marcotte COO and VP of international operations, based in Atlanta office. Will oversee IT initiative in 13 countries. Was most recently Latin America ops director at Brightstar, provider of products for mobile device manufacturers.

CITA Insurance Services rolls out new program—malpractice coverage for physical therapists. Underwritten by Allied Professionals Insurance Co., an RRG.

John Karl named head of Overland Park, Kan., branch specializing in hard-to-place risks. He’ll cover Missouri and Oklahoma, too. He was with Zurich for more than 10 years, most recently as VP for wholesale marketing to brokers.

Lightyear Capital and institutional co-investors agree to buy out 55% of the brokerage. Management decided on going with private equity to continue expanding while awaiting the right time to issue an IPO. “CGSC now has the resources at its disposal to realize its acquisition ambitions,” a spokesman said. Deal expected to close Q4 2012.

Launches private exchange for small to mid-sized businesses’ employee benefits needs. Offers defined contribution solution with annual employer contribution to EB package plus payroll deduction. Employees then choose from various offerings online that meet their custom needs. Available: health, life, disability, accident, critical illness, LTC, dental, vision and more. HSAs can be set up. Enrolling in Vermont beginning in January 2013. Expanding nationwide throughout next year.

Re-brands as Crystal & Co., with new website and industry reports under updated moniker. >> Hires Raymond Bascio as executive managing director. He was director of large group sales at Horizon BC/BS of New Jersey, where he worked for 18 years.

CEO Frank Harrison’s duties for day-to-day operations spread among three execs: CFO John DiGregoria; EVP David Melrose, who will manage new business development and special projects; and EVP Frank Pierson, who assumes additional role as chief production officer. Pierson will manage brokerage staff and analytics professionals in New York, Minneapolis and Kansas City. He has been head of analytic functions since 2005. These three plus SVP Adam Manus, with the firm since 1993, form new Franchise Operating Committee to advise Harrison on strategic planning, ERM and new business ventures.

Peter Barr joins as SVP in Portland, Maine. He was with Mutual Reinsurance Bureau in Illinois for 28 years.

Promotes managing principal Anne Anderson to head of New York City office. She has been with the brokerage since 2005 and succeeds Nicholas Conca, who has moved to Alterra Capital Holdings as chief claims officer.

Buys Repp-Gartner Financial, which adds a call center to Insphere’s operations and distribution capabilities. Call center is based in San Diego and can market life, health and supplemental products. David Repp, Shawn Gartner and staff staying on.

Mark Niebuhr promoted to SVP for captive and alternative risk consulting in Sacramento. >> Bill Bergan promoted to VP, heading construction and surety practice in Sacramento. This office is part of Jenkins Insurance Services.

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