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Cooper Gay restructures UK business

IBR Staff Writer Published 18 May 2011

Cooper Gay, a global insurance broker, has restructured its UK business, Cooper Gay & Co, into three core units reinsurance, international and specialty.

The reinsurance unit will be lead Andrew Hitchings as CEO.

International division which incorporates non-marine, energy and underwriting & distribution management, will be headed by CEO Chris Butcher.

The specialty division covers marine, aerospace and professional risks and will be led by CEO Stephen Barton.

The broker said newly formed trading units will sit above existing divisional structures, reporting to Cooper Gay & Co CEO Shaun Hooper.

The divisions will continue to function under their existing operational structures, supported by finance, operations, compliance and human resources teams as before.

Cooper Gay's UK Board has also been strengthened, pending FSA approval, by the addition of Barton and Hitchings to form an eight-strong board.

The move follows the recent decision taken by Cooper Gay's to bring together the management of its non-marine and energy operations in the UK to create an international trading unit.

Hooper said with the three teams fully aligned, the broker will focus on developing their combined strengths to generate additional business, and support and enhance the delivery of service excellence for clients.