AJ Gallagher
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Concerns have arisen over how payment may be split if the aircraft’s black box is not recovered.
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The target had revenue of about $6mn in 2018.
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The Insurance Insider looks back to some of the standout pieces of the last 12 months.
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The transaction, subject to further negotiations, would take the broker’s stake in the business to 100 percent.
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The business will become part of Artex Risk Solutions, a unit that focuses on captive management and alternative risk transfer.
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Lloyd’s CEO John Neal is understood to have met with the broker after a court case revealed derogatory language.
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Mr Justice Freedman singles out Gallagher’s UK CEO Simon Matson as “partisan” and “quick to anger”.
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The judgment brings to a close a bitter poaching suit.
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The AJG CEO once again dismisses suggestions the market is "hard".
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This year is “firmly on track” to become one of the costliest loss years in aviation history, according to the broker.
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Steve Wilkinson, Milorad Piper and Wan Xin Lee have joined the broker’s aviation operation.
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The insider replaces Bill McGowan, whose departure followed subsidiary Alesco's poaching suit against Ardonagh, with Claire Davies hired as the new HR director.
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