Middle Market News

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Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach

Dec 9 2024 // Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits...

People Moves: Zurich Names Bernard Head of Industry Practices for US Middle Market; FM Promotes Hodge to COO

Nov 15 2024 // Zurich North America, headquartered in Schaumburg, Illinois, promoted Stan Bernard to head of industry practices for U.S. Middle Market.Bernard succeeds Lynn Zeitler, who is retiring in December after 31 years with Zurich....

People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager

Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, USBMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS Re, U.S.,...

People Moves: WCF Insurance Promotes Houting to SVP of Middle Market; Ushur Names Price CRO

Aug 1 2024 // WCF Insurance Promotes Houting to SVP of Middle MarketWCF Insurance, headquartered in Sandy, Utah, promoted Ken Houting to senior vice president of middle market. Houting leads growth and expansion of WCF’s middle...

People Moves: AXA XL Appoints Madigan CUO for Mid-Market Environmental; Edsall Joins Tara Hill as SVP

Jul 12 2024 // AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business for the middle market.Madigan joined AXA XL’s...

QBE to Non-Renew $500M of North American Mid-Market Biz

Jun 19 2024 // QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale.Three core businesses...

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