Reinsurance News

Ed Broking

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

Ed appoints Henry Warner as Cyber Broker/Producer

30th January 2018

Global reinsurance broker Ed as announced the hiring of Henry Warner as Cyber Broker/Producer, effective immediately, and reporting to Divisional Director, Professional and Executive Risks (ProEx), James Baird. He started his career with Marsh as a client advisor for both cyber and professional indemnity risks, and joins the firm from SafeOnline, ... Read the full article

Ed names Heather Clarkson as Managing Director of Marine

22nd December 2017

Ed has announced the appointment of Heather Clarkson, who joins from a role as Chief Broking Officer of Marine and Head of Hull at Aon Risk Solutions, to Managing Director of Marine with effect from 2nd January 2018. Clarkson boasts over three decades of insurance experience, including having served on a ... Read the full article

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