Industry News
AMES & GOUGH
The specialty broker for architects, engineers,
contractors and law firms hires longtime industry marketing and
publication specialist Meike Olin as its first national
marketing director. www.amesgough.com
AON
Names Christa Davies as executive vp and CFO,
succeeding David Bolger as of March 2008. Bolger will serve as
chief operations officer for the Chicago Olympic Committee. www.aon.com
BENFIELD
Opens new Capital Markets Division, led by Michael
Steel in London and Edward Torres and Ron Collins in New York.
The division is part of Benfield Advisory, the corporate
finance and advisory business unit, and will operate alongside
the existing Corporate Advisory Division. The new division will
deal with non-traditional risk transfer solutions and will
establish and manage a dedicated Industry Loss Warranties Desk.
>> Mike Cain moves from Benfield’s legal team to
become the COO and general counsel for Benfield Advisory. www.benfield.com
BOLLINGER
Sells two subsidiaries to Hull & Co. See Hull entry
for details. www.bollinger.com
BROOKE CORP.
Keith Bouchey is new president, CEO and director,
replacing Anita Larson who has moved to be chair of
Brooke’s finance subsidiary, Brooke Credit Corp. Carl
Baranowski is now senior counsel. >> Brooke Franchise
acquires 60 insurance agency locations from entities associated
with J and P Holdings, specializing in auto insurance. www.brookeagent.com
BROWN & BROWN
Buys regional insurer, Island Risk, of Long Island,
N.Y. >> Also purchases the p-c business of JPMorgan
Insurance Agency. >> Tavor Corp., a New Jersey agency
specializing in trade credit insurance, ocean marine and
international insurance, is acquired and will combine with the
existing Brown & Brown Metro office in Florham Park, N.J.
>> Also adds Security Insurance and Security Risk Manager
of Tennessee to the list of recent purchases. >> Programs
Division in California now offers professional liability for
broker/dealer firms with fewer than 100 registered
representatives with a fast-track application process. www.bbinsurance.com
CORONADO INSURANCE WHOLESALE
SERVICES
Adds new, admitted, general liability program for
contractors working out west and in Florida. The program is for
exclusive producers specializing in construction and is
intended for new projects and high-risk classes. www.coronadoinsurance.com
DIGITAL INSURANCE
This employee benefits brokerage for the small-business
market establishes a brand new position—vice president of
acquisitions, filled by Brian Jones—to implement its
strategic expansion into succession planning solutions for
independent agencies and agencies focused on the small-group
marketplace. www.digitalinsurance.com
EDGEWOOD PARTNERS INSURANCE
CENTER
Continues staff growth with appointment of Teri Zanders
as vice president of business development and client
services.
HILB ROGAL & HOBBS
Agrees to purchase Banc of America Corporate Insurance
Agency, a middle-market insurance intermediary in the
northeastern U.S. The consumer insurance business of Bank of
America is not included. www.hrh.com
HULL & CO.
Buys two Bollinger subsidiaries—Market Solution
Managers and Princeton Risk Managers, providers of excess and
surplus lines for the northeastern U.S. and beyond. Princeton
Risk Managers will be combined with Hull’s existing
office in Florham Park, N.J. www.bbinsurance.com
GUY CARPENTER
Guy Carpenter’s U.S. subsidiary, Reinsurance
Solutions International, and the UK affiliate, ReSolutions
International Ltd., are re-branding under the same
name—Reinsurance Solutions—to clarify their
relationship to a growing global clientele. >> Hires
Berry Verkaar as senior vp for Treaty in the Benelux Region.
>> Joseph Vitale becomes senior vp of GCFac, Guy
Carpenter’s facultative reinsurance unit. >> Peter
Zaffino moves from head of Eastern Region to executive vp and
head of U.S. treaty operations. >> Charles Hewitt becomes
executive vp within Guy Carpenter. www.guycarp.com
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