Gavin Souter
Business Insurance
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Past articles by Gavin:
Marguerite Soeteman-Reijnen to leave Aon
Marguerite Soeteman-Reijnen will step down as chairman of the executive board of Aon Holdings B.V. on April 1. → Read More
Venbrook names Brenda Sherman executive VP
Private-equity-owned brokerage and program manager Venbrook Group LLC Wednesday named Brenda Sherman executive vice president of business development and strategic alliances. → Read More
Axa XL hires from CNA in mid-market push
Axa XL said Wednesday it has hired John Liantonio, a private-equity insurance specialist, from CNA Financial Corp. as part of its strategy to target middle-market risks. → Read More
Former Marsh senior vp joins Lockton
Kevin Haas, a former senior vice president at Marsh LLC, has joined rival brokerage Lockton Cos. LLC as senior vice president and unit manager for the Pittsburgh and Cleveland markets. → Read More
Former Liberty Mutual exec Tracy Ryan joins Allianz
Tracy Ryan, who last year left her position as president of global risk solutions, North America, at Liberty Mutual Insurance Co., has joined Allianz Global Corporate & Specialty as chief regions and markets officer, the insurer announced Tuesday. → Read More
Harford Mutual, workers comp specialty insurer to merge
Harford Mutual Insurance Group said late Thursday that monoline workers compensation insurer ClearPath Mutual Insurance Co. would merge into the larger property/casualty insurer. → Read More
WTW hires former Marsh property executive
Willis Towers Watson PLC said Tuesday it has hired Leigh Ann Rodgers, a former Marsh LLC managing director, as Western region client strategy leader for real estate, hospitality and leisure. → Read More
Aon recruits former enterprise risk manager
Michal Gnatek, former department head for enterprise risk management at the Mitre Corporation, has joined Aon PLC as a producer and federal government contracting industry leader. → Read More
Liberty Mutual names underwriting leaders
Liberty Mutual Insurance Co. on Monday promoted Becca Sniderman and Toby Smith to chief underwriting officer roles within its global risk solutions North America unit. → Read More
AssuredPartners makes senior executive changes
AssuredPartners Inc. on Wednesday said effective Sept. 1 Randy Larsen will be CEO of the Orlando, Florida-based brokerage, Paul Vredenburg will be president and chief operating officer and announced former CEO and co-founder Jim Henderson will be executive chairman. → Read More
Court enforces employment agreements in USI poaching dispute
A federal judge on Wednesday ordered five former USI Insurance Services LLC brokers who left to join rival Lockton Cos. LLC last month to honor the nonsolicitation and nondisclosure clauses in their employment agreements. → Read More
Newfront hires another former Marsh executive
Newfront Insurance on Thursday named former Marsh LLC executive Matthew Summers as head of its construction practice, one of several executives the San Francisco-based brokerage has hired from its larger rival over the past few months. → Read More
Liberty Mutual names Marc Orloff middle market leader
Liberty Mutual Insurance Co. on Tuesday named Marc Orloff as president of its global risk solutions North America, middle market business, replacing Garth Pepper. → Read More
Aon hires former Lockton practice leader to head Atlanta operations
Aon PLC named Jennifer Rutecky, former senior vice president and strategic advisory and analytics practice leader at Lockton Cos. LLC, as its Atlanta market leader. → Read More
AssuredPartners unit sues NFP over professional liability hire
An AssuredPartners Inc. unit on Wednesday sued rival brokerage NFP Inc. and its recently appointed professional liability practice leader, alleging that he breached nondisclosure and nonsolicitation agreements when he left AssuredPartners last year. → Read More
Former insurance executive Michael Butt dies
Michael Butt, former chairman of Axis Capital Ltd. and a longtime London and Bermuda market leader, died Wednesday. → Read More
Commercial rate increases mixed
Commercial insurance rates rose for most lines last month, but for some the pace of increases slowed, according to Ivans Insurance Services monthly index. → Read More
Hard market prompts formation of cell captives
More policyholders are establishing protected cell captives as insurance rates continue to increase, a panel of experts said. → Read More
Recession in the cards despite stock market run-up: Economist
The United States faces conditions that will likely tip the economy into recession this year despite recent big increases in stock prices, an economist said. → Read More
Travelers sees ‘very strong’ insurance pricing environment
Travelers Insurance Cos. Inc. Chairman and CEO Alan Schnitzer said Tuesday that the insurer secured significant price gains over the past two years and it expects similar conditions this year. → Read More