Compass Broker Services, the UK networks division of Arthur J. Gallagher, has appointed Paul Montgomery as broking director of its London markets division.
The first hurricane of the season, Arthur, now a Category 2 storm, has reached land between Cape Lookout and Beaufort in North Carolina.
RFIB Group, the Lloyd’s insurance and reinsurance broker, today has appointed Richard Macfarlane as managing director of its international non-marine business.
The Siam Commercial Samaggi Insurance, an Ace Group company, has appointed Khun Nittaya Piriyathamwong as its new managing director.
Brown & Brown has appointed Chris Walker as programmes division president effective July 1, 2014.
Cooper Gay Swett & Crawford (CGSC), the independent wholesale and reinsurance broker, is to expand its Swett & Crawford wholesale broking business into the Latin American market.
AXA UK’s chief executive officer (CEO) has been voted in as chairman of the Association of British Insurers (ABI) for a two year term.
The Texas Windstorm Insurance Association (TWIA) has completed a $400 million catastrophe bond hedging its exposure to tropical cyclone risks.
UK insurer RSA has agreed to sell Sun Alliance Insurance (China) to Swiss Re Corporate Solutions for £71 million, as it seeks to tighten the strategic focus of the group.
Broker Jardine Lloyd Thompson (JLT) has acquired a 26 percent stake in Independent Insurance Brokers (IIB).