Reinsurance News
Ed Broking
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
Ed hires Herman from Lloyd & Partners to Risk Solutions team
27th March 2018
London-based re/insurance broker Ed has announced that it has expanded its Risk Solutions team with the appointment of Dean Herman to the role of Divisional Director. Herman joins Ed from Lloyd & Partners, where, as Head of U.S Property, he was responsible for the placement of global accounts across sectors like ... Read the full article
Ed expands Professional & Executive Risk team
13th March 2018
UK reinsurance broker Ed has announced that it has enhanced its Professional & Executive Risk team with the appointment of Duncan Childs as Wordings Advisory Manager. Childs will now be responsible for drafting policy wordings for Ed’s clients, and will report to James Baird, Director of the Professional & Executive Risk ... Read the full article
Ed appoints Marcus Taylor to Head of Reinsurance for Asia Pacific
5th February 2018
Ed has named Marcus Taylor, who joins from a managerial reinsurance role with IAG, to Head of Reinsurance for Asia-Pacific. Taylor is set to be based out of the firm's Singapore office and report to Kieran Angelini-Hurll, Chief Executive Officer (CEO) of Reinsurance and Stephen Britten, CEO of Asia-Pacific. Angelini-Hurll said; “Marcus is ... Read the full article
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