Howden and Gallagher lead the hunt for WTW’s European business

Howden and Gallagher lead the hunt for WTW’s European business

Howden and Gallagher lead the hunt for WTW’s European business

Howden and A J Gallagher are frontrunners for the Willis Towers Watson (WTW) business in Europe that it seems Aon will have to dispose of to gain the EC’s approval for a planned $30bn acquisition of the group, a senior industry source in Germany told Commercial Risk Europe. It is also thought that McGill and Partners, the London-based broker launched…

Gallagher buys Parisco to boost marine and energy offering in the Nordics

Gallagher buys Parisco to boost marine and energy offering in the Nordics

Gallagher buys Parisco to boost marine and energy offering in the Nordics

Gallagher has bought Oslo-based marine and energy broker Parisco for an undisclosed fee. Parisco is a Norwegian marine and energy broker founded in 2001 that serves contractors, offshore service vessels, exploration and production companies, shipping, passenger vessels and renewable energy clients. CEO Dag Magne Torjussen and his ten-strong team will join forces with Gallagher’s existing Oslo-based specialist marine broker Bergvall…

Ikea France stands trial for staff surveillance

Ikea France stands trial for staff surveillance

Ikea France stands trial for staff surveillance

A French court has opened trial in a prosecution against Ikea France and several of its former executive team accused of spying on staff and illegally collecting personal information. The French subsidiary of Swedish furniture store Ikea is being tried as a corporate entity, while 15 former executives and police officers are also standing trial, including former CEO Stefan Vanoverbeke,…

AGCS appoints new regional head of client services and multinational regional unit

AGCS appoints new regional head of client services and multinational regional unit

AGCS appoints new regional head of client services and multinational regional unit

Kevin Hegel has been appointed as the new regional head of client services and multinational regional unit London and Nordics, Allianz Global Corporate & Specialty (AGCS). He succeeds Ayleen Frete, who has assumed a new role at AGCS as global head of market practice management. According to AGCS, Mr Hegel will lead the client services and multinational team, and will…

SiriusPoint launches into harsh market with $3bn of fresh capital

SiriusPoint launches into harsh market with $3bn of fresh capital

SiriusPoint launches into harsh market with $3bn of fresh capital

European risk and insurance managers will welcome news of the formal launch of SiriusPoint, a new Bermuda-based international specialty insurance and reinsurance company. Investors clearly like the look of the international P&C insurance and reinsurance markets currently, as the new carrier launches with more than $3bn in initial capital. SiriusPoint is the result of the previously announced merger between Third…

Zurich appoints Dirk De Nil as CEO of Nordics

Zurich appoints Dirk De Nil as CEO of Nordics

Zurich appoints Dirk De Nil as CEO of Nordics

Zurich Insurance Group has promoted Dirk De Nil to CEO of Nordics, in addition to his current head of Benelux role. Mr De Nil succeeds David Haak, who will take on the role of strategic adviser to Zurich’s EMEA leadership team. Mr De Nil first joined Zurich in 2008 in Hong Kong as chief operating officer for the Asia-Pacific region. He went on to become head of operations, P&C and later head of sales and distribution, P&C. He has…

AGCS boosts UK financial lines team with new appointments

AGCS boosts UK financial lines team with new appointments

AGCS boosts UK financial lines team with new appointments

Allianz Global Corporate & Specialty (AGCS) has appointed Hannah Tindal as head of directors and officers (D&O) within its UK financial lines unit as it looks to grow the business line. Ms Tindal will head a regional team of five from the second quarter of 2021, after relocating from the US. She will report to Stefania Davi-Greer, head of AGCS’s…

Sedgwick creates Nordic hub

Sedgwick creates Nordic hub

Sedgwick creates Nordic hub

Sedgwick is combining its Norwegian and Swedish operations to create a new regional hub in Scandinavia, which the firm said will support growth in the region. The new hub will begin operation in February. Sedgwick said it will provide “consistent and expanded” services to clients across the entire region, giving Scandinavian and international clients a central point of contact. Sedgwick…

European firms name cyber as top risk for 2021 in AGCS poll

European firms name cyber as top risk for 2021 in AGCS poll

European firms name cyber as top risk for 2021 in AGCS poll

Cyber incidents have retained their position as the number one risk facing businesses in Europe during 2021, with business interruption (BI) in second place and pandemic outbreak third, finds a poll of risk experts and business leaders by Allianz Global Corporate & Specialty (AGCS). BI’s position is unchanged from last year, while pandemics are a new entry in the top…

Marsh JLT Specialty appoints Aon’s David Lindqvist as head of Nordics

Marsh JLT Specialty appoints Aon’s David Lindqvist as head of Nordics

Marsh JLT Specialty appoints Aon’s David Lindqvist as head of Nordics

Marsh JLT Specialty has appointed David Lindqvist head of its Nordics region to serve large and specialty corporates. Mr Lindqvist will join Marsh from Aon, where he was most recently head of specialties for the Nordics, in June. He will report to Henrik Rydén, CEO of Marsh’s Nordic region. He will also work closely with Paul Knowles, head of Marsh…

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