People and Places
Momentous hires new senior VP: Stephen J.Gambale has joined Momentous InsuranceBrokerage as senior vice president of the company.Gambale has been apart of the insurance industry since 1985 andheld senior leadership positions with other insuranceagencies.Promotion at Neace Lukens: Tim Devine hasbeen promoted to northern region leader by NeaceLukens. Devine will be responsible for overseeing thegrowth and expansion of Neace Lukens' Cincinnati, Cleveland,Columbus and Dayton, Ohio, northern Kentucky, Southfield, Mich.,and Indianapolis offices. IFNY elects new president: Nick Pearson wasnamed president of the Insurance Federation of New York'sboard of directors. It was Pearson's service to thecompany that led to a unanimous vote. Robert G. Purdy joins AIC: AIC Holdingsannounced that Robert G. Purdy will take on theposition of president and CEO of AICUnderwriters. He will be responsible for leadingunderwriting, marketing and operations strategies and the specialtymarket for temporary staffing. Lockton broadens healthcare practice:The largest privately held insurance broker in the world hasbrought in a team of risk management and insurance professionals.Lockton's newly formed team will workwith hospital, long-term care anf managed executives onprofessional liability. Kevin Junod will lead thePhiladelphia team as the executive vice president. Mergers and Acquisitions
Vertafore acquires Kaplan: Sircon, a wholly owned subsidiary ofVertafore, has agreed to acquire the assetsof Kaplan Compliance Solutions. The acquisitionis expected to close at the end of the 3rd quarter or early 4thquarter 2011 and will provide a more comprehensive producerinsurance licensing and securities registration compliance offeringin the industry.

New Policies

Markel launches new program: Markel now offers an admitted miscellaneousprofessional liability program for small businesses. Built around aclaims-made policy form, this program provides flexibility tocustomize coverage to meet client needs. Pricing is a key featureto this program with minimum premiums as low as $750 for a$1million limit.

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Willis develops new policy: A new insuranceprogram has been developed to cover business interruption costs forcompanies that could be shut down due to nuclearplant safety being compromised and an exclusion zone isimplemented by Willis Group Holdings. The cover was createdin response to the earthquake and tsunami that struck Japanand caused a meltdown at the Fukushima nuclear powerplant.

Glatfelter forms new program: Glatfelter Insurance Group hasintroduced Glatfelter Program Managers (GPM), a strategic businessunit dedicated to the company's program business. The programwill manage and market the company's various specialtyprograms that include VFIS for fire departments, ambulance andresuce squads and 911 centers. Art Seifert joins thecompany as president of GPM. News
Conference offer sessions on technology:Sessions on technology will be offered to large insurance agenciesand brokerages who use AppliedSystems solutions at next month's technology,education, and networking conference. Hosted by theApplied Systems Client Network, theconference will be held in Orlando, Fla., and sessions will coverconcepts for Microsoft Exchange servers and how to integratethird-party products with TAM, Epic, and Vision.