Industry News

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MARSH
Sells Kroll to Altegrity for $1.13 billion in cash. Michael Cherkasky, former CEO of Marsh & McLennan and Kroll, is CEO of Altegrity. Marsh bought Kroll in 2004 for $1.9 billion and had already sold off parts of the firm. Marsh had already taken a write-down of $855 million on Kroll as well. >> Michael Anderson appointed president of U.S. Construction Practice. He moves from Willis, where he was surety leader for construction.
www.marsh.com

MERCATOR RISK SERVICES
Acquired by Preferred Concepts, a program manager. Mercator will keep its name, and Christopher Treanor will continue as president and CEO. He is also now senior EVP of Preferred Concepts.
www.mercatorrisk.com

RYAN SPECIALTY GROUP
Hires about 100 employees from BB&T’s CRC Insurance Services.
www.ryansg.com

SWETT & CRAWFORD
Planning merger with Cooper Gay. (See Cooper Gay.) >> Scott Bartlett joins in New York as VP, Program Development. He was at S. H. Smith & Co. >> CEO and president Neal Abernathy appointed chair of The Council’s Wholesale Working Group.
www.swett.com

TIGER RISK
Creates retrocessional team, hiring Stephen Breen and Patrick Gonnelli as partners. Both were EVPs at Tradition Re.
www.tigerrisk.com

TWIW INSURANCE SERVICES
Technology manager Kevin Dickmann given Network of Vertafore Users 2010 national award for outstanding service to colleagues on technology use.
www.tolmanandwiker.com

WILLIS
Appoints George Haitsch practice leader for Willis Risk Solutions. He comes from SAP AG, a business software company, where he was VP for global risk management. >> Scott Pickering hired to new post of CEO for Russia, Eastern Europe, the Middle East and South Africa. He was a regional CEO with RSA Insurance Group. He will be based in Dubai, UAE.
www.willis.com