The Ticker
Establishes new insurance program encompassing production insurance for internal teams, third-party vendors, and social media influencers, titled AdWrap. >> Acquires Global Commercial Credit (GCC), a Michigan-based firm that specializes in credit risk management solutions, trade credit and political risk insurance, and credit information services.
Hires Joe DiRocco as chief financial officer. DiRocco, most recently asset-based lending national sales manager and past regional president for Northeastern Ohio at Fifth Third Bank, has more than 30 years of experience in various leadership roles for financial institutions.
Through Ardonagh Advisory, acquires Liverpool-based ALP and its subsidiary, Letton Percival. ALP’s 17-person team will remain, led by current directors John and Andrew Leaver.
Hires Steve Keogh as COO, effective May 1, 2025. Keogh’s nearly 40-year career includes several leadership roles at Aon before leaving Aon in 2022. Post-2022, he worked as director of the Western Golf Association/Evans Scholars Foundation and as senior advisor at Moat Metrics and Lawley.
Acquires S Insurance, an MGA based in Norway, pending regulatory authorization. Bergen-based S Insurance specializes in marine hull underwriting with a focus on the European market. The deal follows Optio’s acquisition of MGAs operating out of the Netherlands and Luxembourg.
Buys West Chester, Pa.-based insurance agency Arthur Hall, which specializes in insurance solutions for life sciences, information management, nonprofit, craft beverage manufacturing, and municipal industries. Current Arthur Hall President Jim Denham and all Arthur Hall employees will remain with Marsh McLennan and continue operations out of Arthur Hall’s existing offices in Pennsylvania and Delaware.
romotes Lindsay Roos to CEO of Marsh’s Bermuda-based international placement provider, Bowring Marsh Bermuda, replacing Christopher Reeves, who will stay on as chairman. Formerly chief operating officer and casualty and healthcare leader for Bowring Marsh, Roos has two decades of industry experience with Marsh. >> Rolls out enhancement to its Cyber Echo insurance facility, first put in place in 2016. Cyber Echo Encore offers as much as $45 million in additional cyber insurance capacity. >> Rolls out new excess cyber insurance facility, CyberShore Bermuda. The facility will provide as much as $30 million in excess coverage, with attachment point anywhere above $75 million, and additional affirmative coverages for fines and penalties.
Merges existing U.S.- based Lockton Financial Services and International ProFin branches to form new Lockton Professional and Executive Risk practice. The practice will specialize in directors and officers liability, cyber, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/ crime, fiduciary liability, and solutions for digital assets.
Acquires employee benefits agency Acadia Benefits, based in Portland, Maine. Acadia Benefits leadership will stay on in their current positions, including Scott McKee as president.
Buys the books of business of Nashville-based financial advisors Steven Glasgow and Jordan Sibler, whose team of retirement and wealth management specialists will stay on within Hub Mid-South. >> Acquires Drayton Valley Insurance Agency, of Alberta, Canada. The Drayton Valley team will continue to sell personal and commercial insurance as part of Hub Prairies. >> Acquires Malloy Imrie & Vasconi Insurance Services, of Napa Valley, Calif., which specializes in commercial, personal, and employee benefits coverage for agribusiness and high-net-worth clients. >> Acquires Meridian, Miss.-headquartered Meyer & Rosenbaum. Meyer & Rosenbaum President Bruce Martin and the other employees will work under the Hub Gulf South umbrella. >> Purchases Lexington, Ky.-based employee benefits agency Employee Benefit Associates. The agency specializes in employee benefit planning as well as life and health coverages. EBA employees will join Hub Mid-South.
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