People & Places

Crum & Forster hired Joseph Prystupa as vice president of its management and professional services division, overseeing the fidelity and crime practice. Prystupa brings with him 30 years of fidelity experience and most recently served as assistant vice president of the financial institutions book for RLI.

Quincy M. Schmit joined Hull & Co. as commercial lines marine broker. She has more than 9 years of California and West Coast experience with marine risks.

Lockton expanded its Philadelphia operation with the addition of vice presidents David Griffin and Scott Kegler. Griffin is an experienced advisor in benefits administration, human resources technology and enterprise resource planning. Kegler advises business leaders in the construction, healthcare, private equity and real estate industries.

Laura Zaroski was chosen as vice president, management and employment practices liability for Socius Insurance Services Inc. Previously employed as a partner at a Chicago based law firm, Zaroski served as claims and coverage counsel for insurance companies.

Enservio added two new members to its executive team to bolster its rapidly growing marketing and sales efforts. Christine Washburn will lead the marketing team as senior vice president of marketing. Gary Blair will lead the enterprise sales team as senior vice president of sales. Together, Washburn and Blair have more than 38 years of industry experience.

Harry Kolbe joined Integro's New York office as principal. He most recently served as partner at Pinnacle Risk Solutions. At Integro, Kolbe will be responsible for client production and servicing.

TowneBanke appointed F. Dudley Fulton president and CEO of Towne Insurance. Fulton has 30 years of industry experience and previously held executive titles at USI Insurance.

Mergers & Acquisitions

Willis North America acquired Avalon Actuarial, a Canadian employee benefits brokerage and actuarial consulting services firm. Through the acquisition, Willis will establish a presence in the Canadian employee benefits market to match demand for specialized employee benfit offerings. Avalon's Jean-Robert Elie will serve as executive vice president and Canadian human capital practice leader; Christine Panet-Raymond will serve as exectuive vice president, non-traditional covers and Claude Emond will serve as consulatant to Willis.

Marsh & McLennan (MMA) acquired Brower Insurance Agency, a independent insurance agency in Ohio. Brower will serve as MMA's new Midwest hub and will seek to expand MMA's regional footprint through further acquisitions. Brower's leadership and employees will join MMA.

New Programs

ACE USA expanded its catastrophe management insurance products with ACE Cat Management 2.5 endorsement by its ACE Excess Casualty Unit. The endorsment supplements ACE's already expansive catastrophe management endorsement. Targeted industries include hospitality, real estate, manufacturing, service, wholesale distribution and more. Benefits of the new endorsment include:

  • Catastrophe management-specific aggregate limit of liability available for purchase of up to $2.5 million
  • 24/7 toll free access to notify ACE of an event and request coverage
  • Syngery for clients who choose to purchase ESIS Catastrophe Services
  • Coverage for costs associated with securing the scene, affected emergency third-party funeral costs, psychological counseling and temporary living costs
  • Coverage for laboratory testing to determine the cause of illness or disease from contaminated food
  • Coverage for travel-related costs for directors, officers and others to manage repercussions of an event.

News

Hull & Co. opened a new Marine department to help retail clients round out their books of business and locate the best terms, conditions and pricing for their marine exposures. The department will offer access to markets and coverge for marinas, yacht clubs, boat dealers, brokers and more and will write in all states.

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