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Broker Buzz

by Mark A. Hofmann
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Short month not short on M&A activity

February may be the shortest month of the year, but this February hasn't come up short in terms of broker merger and acquisition activity.On Tuesday, Itasca, Ill.-based Arthur J. Gallagher & Co. announced the acquisition of First Premium Insurance Group, Inc. in Covington, La. First Premium is a ...MORE

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Marsh names marketing and communications chief

Marsh Inc. has appointed Doug Dundas as its global head of marketing and communications.Mr. Dundas will be based in New York and will report to Marsh Inc. President and CEO Peter Zaffino. He most recently headed Doug Dundas Communications, which Marsh described as a “boutique ...MORE

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JLT combines Spanish operations with March-Unipsa

London-based Jardine Lloyd Thompson Group P.L.C. announced Wednesday that it will combine its existing Spanish retail broking business JLT-SIACI Espana S.L. with the business of March-Unipsa Correduria de Seguros, S.A.U., the fourth largest commercial insurance broker in Spain and a subsidiary of ...MORE

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Brokerage acquisition activity continues

February's hardly a week old, but the spate of broker acquisitions that marked January is continuing unabated.This week, Itasca, Ill.-based Arthur J. Gallagher & Co. announced two acquisitions. One was Westchester, Ill.-based ProSource Financial, LLC. ProSource Financial is an employee benefit ...MORE

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Ten brokers join Willis N2

Ten new brokers have joined Willis Group Holdings P.L.C.'s network, Willis N2 - an alliance with local, independent insurance brokers in the United Kingdom, Willis announced Tuesday.The addition of 10 new members brings the total Willis N2 membership to 34.The new members are: Allsop Commercial ...MORE

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Hub acquires New Mexico brokerage

Hub International Ltd. has acquired the assets of Las Cruces, N.M.-based Mahres & Mahres Insurance Agency, Chicago-based Hub announced Wednesday. Mahres, an insurance brokerage firm, will become part of the New Mexico division of Hub International Insurance Services Inc. “The addition of the ...MORE

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David Bridges named president of Leavitt's Atlanta office

David Bridges has been named president of the Cedar City, Utah-based Leavitt Group's Atlanta office. Mr. Bridges will also serve as an executive vp of the Leavitt Group's affinity programs division.Mr. Bridges most recently served as a senior vp at Wells Fargo Insurance Services. In announcing Mr. ...MORE

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Networked Insurance Agents joins LexisNexis Insurance Exchange

1:12 pm, Jan. 24

Grass Valley, Calif.-based Networked Insurance Agents has joined the LexisNexis Insurance Exchange, the exchange announced Monday.Networked Insurance Agents provides about 1,200 member small and medium-sized independent insurance agencies with access to major markets. The exchange is a business and ...MORE

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Brokerage acquisition activity continues unabated

This year's early surge of merger and acquisition activity continued to gain steam this week as two major brokerages announced new acquisitions.On Thursday, Daytona, Fla.-based -Brown & Brown, Inc. announced that one of its wholly owned subsidiaries has acquired substantially all of the assets of ...MORE

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Marsh & McLennan adds two to board of directors

Marsh & McLennan Cos. Inc. has added two directors to its board. ...MORE

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