Jardine Lloyd Thompson Group plc (JLT) has acquired International Risk Consultants (IRC), a U.S. specialist trade credit and political risk broker. From today IRC companies will be rebranded JLT Specialty USA CPS practice, JLT Asia CPS practice and JLT Brazil CPS practice.
Zurich Insurance has been named one of the 2018 Top Companies for Executive Women by the National Association for Female Executives (NAFE). The award recognizes American corporations where women have significant clout to make the decisions that affect their company's future and its bottom line. It's the third consecutive year Zurich has earned this honor.
Arthur J. Gallagher & Co. has acquired Palmer Atlantic Insurance Ltd. Terms of the transaction were not disclosed.
Genex Services announced that funds managed by private equity firm Stone Point Capital LLC have acquired a majority interest in Genex from funds advised by Apax Partners, a global private equity firm. Terms of the transaction were not disclosed.
For the third edition of their annual Innovation in Insurance Awards, Efma and Accenture are introducing a North-American awards ceremony, to be held in New York on Oct. 24, following the global awards ceremony in Paris on June 12. For information on the awards or to submit an entry, visit www.efma.com/innovationininsurance/.
Insurance Commissioner Dave Jones issued a Cease and Desist Order against Access Insurance Company. The Order alleges the company is conducting business in a manner that threatens to render it insolvent or in a financially hazardous condition in violation of the California Insurance Code.
U.S. Risk Insurance Group LLC, parent of Take1 Insurance, has acquired L.A. Xcess Insurance Brokers Inc. The nation's fifth largest property & Casualty wholesaler also combined L.A. Xcess and combined it with Take1.
HUB International Limited has announced the following acquisitions. Terms of the acquisitions were not disclosed.
- GMS Insurance Inc.
- Leitao Insurance Agency Inc.
- Desilets Insurance Brokers Ltd.
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