London Market Training 3rd edition

Activities, Insight

MLearning launches its third edition of the London Market Training, which will be held on November 26, 27 and 28 on People Risks and this time is in partnership with Towers Watson.

Participants will have the opportunity to get to know the iconic London Market, have access to top notch speakers, and get in depth classes on this type of risks, underwriting and reinsurance. They will broaden their horizons, skills and expertise through an unforgettable learning experience in the heart of the City of London.

MLearning team has also planned several social and networking activities that will certainly enrich the program as well as promote the sharing of experiences between participants and the organization team.

 

FULL PROGRAM. CONTACT US.
Edifício Atrium Saldanha, Praça Duque de Saldanha, nº1, 3º L – 1050-094 Lisboa
Tel: +351 211 583 160  | Email: mlearning@mdsinsure.com | www.mdsinsure.com

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MLearning’s performance is based on values such as the constant search for knowledge, innovation, credibility and sharing.Established in 2011, MLearning seeks to build a circle of knowledge that will focus on risk and insurance, leveraging the skills, augmented expertise, networking and sphere of influence that the MDS Group now enjoys around the world.


Cooper Gay and Swett & Crawford acquires Newman Martin and Buchan

Activities, Insight

Transaction creates UK’s leading independent energy broker

LONDON 23 September 2013 – Cooper Gay Swett & Crawford (CGSC), the leading global wholesale and reinsurance broker, has announced the acquisition of independent Lloyd’s insurance and reinsurance broking group Newman Martin and Buchan (NMB) subject to regulatory approval from the UK Financial Conduct Authority.

NMB and Cooper Gay & Co Ltd (Cooper Gay), CGSC’s Lloyd’s broker, have been working closely together over recent months in preparation for the acquisition that will create the UK’s leading independent energy broker. The highly respected NMB brand will be retained within the CGSC Group as a leading specialist energy practice for global clients seeking access to all the key international markets. Newman Martin and Buchan LLP will continue as a separate Lloyd’s broker focussed on the energy and related sectors and the ‘NMB Specialty’ coverholder business.

The combined businesses will also deliver enhanced resources to support clients across the marine, specialty, property, casualty, financial & political risks and reinsurance sectors, with a greatly enhanced presence in the London market for CGSC over 400 broking and support personnel.

The combined management teams of Cooper Gay and NMB will develop and roll out  a staged integration plan that delivers seamless service for clients whilst taking advantage of the enhanced distribution network and skill-base of the combined Group.

Toby Esser, Cooper Gay Swett & Crawford Group CEO commented: “I am delighted with this important acquisition, our first major deal since we received significant investment from Lightyear Capital and achieved a successful debt refinancing earlier this year.

“The combination of Cooper Gay and NMB in London will create a real powerhouse among independent brokers.  Access to the CGSC global network will also enable NMB to deploy the services of its highly respected broking teams across a much wider client base.

“I am particularly pleased that Gordon Newman will be joining our senior management team and that key NMB executives will take up leadership roles in the combined business alongside their Cooper Gay counterparts.”

Sam Hovey, CEO of Cooper Gay & Co said:

“The integration of NMB and Cooper Gay will deliver substantial commercial synergies, provide us with additional depth of resource and make Cooper Gay an increasingly powerful force in the Lloyd’s market. This will manifest itself in both the ability to develop new products and to bring new vigour to servicing the increasingly complex needs of our international clients seeking protection for their energy, marine, property and financial risks.”

Gordon Newman, Chairman of Newman, Martin and Buchan commented:

“I am delighted that negotiations with CGSC have come to a successful conclusion. Our London businesses are an excellent strategic fit, both in terms of classes of business and geographic spread.  Together they will have an increased market presence and NMB’s business will benefit from access to the financial resources of CGSC which are considerably greater than those available to NMB on its own.

I believe that the combination of the businesses will be good for our staff and, most importantly, that it will enhance our offering to our clients to whom we will continue to offer independent service: like us, CGSC is an independent broker focused on the wholesale and reinsurance sectors with no retail presence in the U.S.  For our clients, some of whom have been with us for many years, it will be ‘business as usual’;   they will continue to receive the same excellent service from the same people.  Where appropriate, we will combine business lines to enhance our offering and develop the business, with NMB as CGSC’s specialist broker for energy and related classes.

This acquisition will create a significant independent force in the London market and I and my colleagues are very much looking forward to being part of it.


Luzzi joins MDS Group as Executive President of Herco Global

Activities, Insight

2 October 2013:  Jorge Luzzi has been appointed as Executive President of Herco Global, the risk management company and part of insurance broking group MDS. He will also be a member of the board of HighDome, a fully owned, protected cell captive company based in Malta.

In his new role Luzzi will play a strategic role in enterprise risk management at MDS, focusing on captive management and international operations.

He was previously Global Risk Management Director at Pirelli. After joining the business in 1988 he was promoted to the position of Global Risk Management Director in 2005. Luzzi studied in Italy and Switzerland and lives with his family in Brazil, Argentina, Switzerland and Italy.

Luzzi has devoted his time and energy to building his expertise in risk management and has been instrumental in promoting the profession. His involvement with risk management associations started in Brazil where he chaired the Brazilian association ABGR as well as ALARYS in Latin America.  At that time he was also President of IFRIMA, the International risk management association. He later joined the board of FERMA and served as its President from October 2011 until October 2013.

Jose Manuel Fonseca, Group Chief Executive at MDS said: “We are delighted to welcome Jorge Luzzi to MDS. He brings an outstanding depth in enterprise risk management and considerable experience to our group.

“He is a strategically driven professional who focuses on the role of risk management as an integral part of the corporate planning process, which is critical for us and for our contribution to the value creation process for our clients. Going forward, Jorge’s knowledge will help our clients to address the management of key strategic risks such as cyber liability, reputation, business interruption and supply chain in addition to the other enterprise risks that companies face on a global scale.”