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Reinsurance News

Ed Broking

Jennifer D’Arcy joins Ed as EVP, Head of Facultative Reinsurance

18th July 2019

Jennifer D'Arcy has joined global reinsurance brokerage Ed as Executive Vice President (EVP) and Head of Facultative Reinsurance, reporting to Chief Executive Officer (CEO) of Ed's reinsurance broking business, Kieran Angelini-Hurll. She joins the global broker from Price Forbes, where she most recently served as Executive Director, Head of Cargo Reinsurance. ... Read the full article

Ed bolsters Credit, Political Risks & Surety Solutions team in Asia Pacific

1st April 2019

Reinsurance broker Ed has appointed Abhishek Chhajer as Head of Credit, Political Risks and Surety Solutions, Asia Pacific. Chhajer’s appointment is effective April 1 and will see him based in Singapore. He reports to Stephen Britten, the company’s Chief Executive Officer of Asia Pacific. He brings more than 16 years industry experience ... Read the full article

Ed appoints new London CEO as Hearn named head of BGC’s insurance division

10th December 2018

Global reinsurance, wholesale and specialty broker, Ed, has appointed Andrew Draycott Chief Executive Officer (CEO) designate of Ed Broking in London, with current Group CEO of Ed Broking, Steve Hearn, set to become the new head of BGC Partners' insurance division. Draycott's appointment remains subject to regulatory approvals and he is ... Read the full article

Ed Broking plans to open Bermuda office in 2019

10th December 2018

Ed Broking, the globally active reinsurance, wholesale and specialty insurance broker, is planning to open its first office in Bermuda in 2019, the latest expansion for the firm. Ed Broking is already active across Europe, Asia and the United States, with offices in London, Hong Kong, Beijing, Shanghai, Singapore, Dubai, Paris, ... Read the full article

Ed appoints Willis Re’s Jo Kendall as Head of Cat & Exposure Management

6th December 2018

Global re/insurance broker Ed has announced the appointment of Jo Kendall as Head of Catastrophe & Exposure Management. Kendall, who brings 15 years of industry experience to the role, will be reporting to the Group Chief Actuary, Jonathan Tilman. She joins from Willis Re, where she led the London specialty cat modelling ... Read the full article

Brokers’ cost model is not sustainable, says Ed CEO Steve Hearn

7th November 2018

Brokers have an essential role in the value chain and there are huge opportunities for intermediaries going forward, but seizing them will require companies to rethink unsustainable cost models and commission fees, according to Steve Hearn, CEO of global re/insurance broker Ed. Speaking during a presentation at Lloyd’s of London, Hearn ... Read the full article

Re/insurance broker Ed to be acquired by BGC Partners

29th October 2018

Global insurance and reinsurance brokerage, Ed, is to be acquired by a subsidiary of BGC Partners, Inc., a global broker and financial technology firm, subject to numerous conditions, including regulatory approvals. According to an announcement on the deal, under the terms of the agreement, a BGC subsidiary will acquire 100% of ... Read the full article

Ed to utilise URS’ Risk Explorer modelling software

24th October 2018

Ed, the global reinsurance, wholesale and specialty brokerage, has licensed Ultimate Risk Solutions’ (URS) financial risk modelling software to help design bespoke risk mitigation solutions for its clients. The broker said that using URS’ Risk Explorer software will allow it model its clients’ portfolios and evaluate potential re/insurance structures more quickly ... Read the full article

Ed appoints head of Treaty & Facultative team for Singapore

2nd October 2018

Ed, the global reinsurance, wholesale and specialty broker, has strengthened its Treaty and Facultative team in Singapore with the appointment of Tommy L. Co as Executive Director, effective immediately. Co has 35 years of re/insurance industry experience and joins Ed from ERGO Insurance Singapore, where he most recently served as Chief ... Read the full article

Companies that don’t embrace change face irrelevancy: Ed CEO Steve Hearn

14th September 2018

Companies that fail to embrace new dynamics and “Continue to peddle the old model” will ultimately become redundant, says Steve Hearn, Chief Executive Officer of the London and global insurance and reinsurance brokerage, Ed. In a conversation at the Reinsurance Rendez-vous with Hearn and Kieran Angelini-Hurll, CEO of Reinsurance at Ed, ... Read the full article

Ed expands actuarial team with hires from Argo and AmTrust

5th September 2018

Global reinsurance brokerage, Ed, has hired James Francis from Argo Group and Laura Baird from AmTrust to its actuarial team. Francis brings more than ten years of industry experience to the role, with a focus on capital modelling, reinsurance analytics, as well as expertise in merger and acquisitions (M&A) and Solvency ... Read the full article

Ed appoints Patrick Jordan as Divisional Director of Marine

31st July 2018

Ed, the global reinsurance speciality broker, has announced the appointment of Patrick Jordan as Divisional Director of Marine to its London office. Jordan’s appointment is effective immediately and will see him reporting to Heather Clarkson, Managing Director of Marine. “Patrick is a fantastic addition to the team, with longstanding and extensive experience ... Read the full article

Ed appoints Souvik Goswarmi to lead MENA & India Treaty business

4th July 2018

Reinsurance broker Ed has appointed Souvik Goswarmi to its Dubai office to lead Treaty business across the Middle East and North Africa (MENA), as well as India and the Indian subcontinent. Goswarmi starts immediately and reports to Minesh Jani, Chief Executive Officer (CEO) of Ed’s operations across the MENA region. His ... Read the full article

Ed announces professional and executive risk expansion into Jersey

29th May 2018

The Jersey Financial Services Commission has granted the global reinsurance, wholesale and speciality broker Ed with a license to carry out general insurance mediation business. The broker had previously announced their 2017 expansion of professional and executive risk offering in the Channel Islands following its successful application for a commercial insurance ... Read the full article

Ed partners with InsurTech analytics firm SpatialKey

30th April 2018

Global re/insurance, wholesale, and specialty broker Ed has entered a partnership with SpatialKey, a geospatial data enrichment and analytics firm that provides solutions for the insurance and reinsurance industry. Ed believes the partnership will strengthen its data and analytics capabilities by allowing it to access SpatialKey’s advanced geospatial analytics technology. SpatialKey’s software ... Read the full article

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