People & Places
The InVEST program awarded Travelers underwriting officer Tom Davis the Dach Award. The award honors an insurance industry volunteer who has made contributions in fostering the growth and development of InVEST.
Pat Van Bakel, president and CEO of Crawford & Co. Inc. was elected president of the Insurance Institute of Ontario for the 2014-2015 term.
Lockton announced James R. Dickson III joined its Nashville, Tenn. ofice as a vice president, client advisor and business development executive in risk management and commercial insurance.
K&K Insurance Group Inc. announced a new program with enhanced coverage options for venues and other facilities, including arenas, amphitheaters, auditoriums, civic centers, coliseums, convention centers, movie theaters, music halls and more. The K&K venues program now offers workers’ compensation coverage and limits up to $25 million.
Continental Risk Insurance’s contractors division now offers milti-line products for air conditioning systems contractors.
United Fire Group announced its Equipment Sales and Retail product, which caters specifically to the needs of agricultural, lawn and garden, industrial, construction or material handling equipment dealers.
Mergers & Acquisitions
Banco BTG Pactual S.A. agreed to acquire Ariel Re, Global Atlantic Financial Group Ltd.’s Bermuda-based property and casualty reinsurance company.