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Aon & Willis Towers Watson reveal leadership of combined company

Aon and Willis Towers Watson have jointly announced the leadership team of the company that will emerge once its proposed combination is completed and the plan laid out perhaps suggests that the pair have no intention to offload the Willis Re reinsurance arm. The pair say this represents their "one firm read the full article →

OneGlobal opens Bermuda re/insurance broking office

Oneglobal Broking, the commercial insurance and reinsurance brokerage owned by investor JC Flowers, has opened its first Bermuda broking office and announced two key hires. Having now received regulatory approval for the opening of its Bermuda office, OneGlobal has announced the hiring of Craig Douglas (most recently at RFIB), named Executive read the full article →

BGC renames re/insurance unit Corant Global

BGC Insurance (BGCI), the insurance and reinsurance broking, MGA and underwriting units of BGC Partners, has been rebranded as Corant Global. BGC is a brokerage, advisory and financial technology company, which has been aggregating insurance and reinsurance interests in recent years. Most relevant of these for our audience are reinsurance and specialty read the full article →

Gallagher names Behagg CEO reinsurance, Swallow to step down

Gallagher, the international insurance and reinsurance broking brand of Arthur J. Gallagher & Co., has appointed Simon Behagg to become Chief Executive Officer (CEO) of reinsurance, as Rupert Swallow gets set to depart. Behagg will become CEO of the Gallagher Re business from February 2021, taking over the role from current read the full article →

Ardonagh launches US/Bermuda reinsurance broking push with RFIB hires

Ardonagh Specialty, the holding company for specialist, reinsurance and wholesale broking brands of the Ardonagh Group, has launched a push into the United States with a new North America reinsurance broking team. Nick Foden-Pattinson, the former CEO of RFIB Americas, is leading the Ardonagh push into the U.S. reinsurance market, along read the full article →

TigerRisk hires O’Keefe from McKinsey as Head of Strategy

TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced the hiring of Bill O'Keefe from consultancy McKinsey to become the firms new Head of Strategy. O'Keefe began his career on the broking and reinsurance side at Aon, but has since spent 8 years at McKinsey becoming read the full article →

McGill & Partners hires Nicky Payne for ILS broking push

McGill & Partners, the boutique risk solutions firm launched by former Aon President Steve McGill, has hired Nicky Payne, previously active underwriter of the Credit Suisse Insurance Linked Strategies owned Lloyd's syndicate Arcus 1856. Having worked in senior insurance and reinsurance broking roles in London for Howden and Aon before, Payne read the full article →

Hyperion valued at $5bn after HG Capital investment & debt raise

Global insurance and reinsurance intermediary and distributor holding company Hyperion Insurance Group Limited has raised a significant new haul of capital from a key private equity investor and through a private debt issuance, as it targets accelerated growth. The private equity investor in question is HG Capital, a technology focused investor read the full article →

Guy Carpenter hires Paul Miller from Aon to key Property Cat role

Reinsurance broker Guy Carpenter has announced a key hire to its Property Catastrophe team, taking Paul Miller from rival Aon to lead property cat broking for UK, Global Specialties and key global clients. Paul Miller was most recently Head of International Catastrophe Management at Aon's Reinsurance Solutions division. He will lead Guy read the full article →

Aon Reinsurance Solutions hires Pett from Nephila in Bermuda

Aon's Reinsurance Solutions division has announced the hire of Stephen Pett in Bermuda, who joins the broker from his most recent position with insurance-linked securities (ILS) fund manager Nephila Capital. Pett joins Aon as a Vice President and broker and will focus on instruments such as industry loss warranties (ILW's) other read the full article →