Cooper Gay & Cashman Formed; Headed by Michael Cashman, Former CEO of E.W. Blanch Co.MINNEAPOLIS -- Move allows one of the world's largest reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. brokers to strengthen its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. capabilities The Cooper Gay Group, London-based and one of the world's largest independent reinsurance brokers, along with Michael W. Cashman, have formed Cooper Gay & Cashman. This joint venture operation is headquartered here and Mr. Cashman will serve as its chairman and chief executive officer. The new entity underscores Cooper Gay's long-term commitment to the North American Treaty Reinsurance Brokerage market. A native of St. Paul St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , MN, Mr. Cashman, 56, recently served as an executive vice president of Aon Corporation and vice chairman of Aon Re Global. Previously, he spent 22 years with E.W. Blanch Holdings, rising to president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , as well as chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of E.W. Blanch blanch to become pale. Co., the Minneapolis-based risk management and global reinsurance broker. Located at 601 Carlson Parkway in Minneapolis, the new company is in the center of one of the nation's strongest talent pools for reinsurance professionals. At the same time, Cooper Gay & Cashman plan to expand office locations in other geographic areas. "This partnership not only solidifies our long-term commitment to the market, but signals that we intend to be a major player," said Jeremy Goodman, chief executive of Cooper Gay North America, based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Added Toby Esser, chief executive of Cooper Gay Holdings in London: "Having Michael partner with us and to lead in this endeavor is both a privilege and a major success not only for us, but our clients. This joint venture will complement the existing overseas Cooper Gay treaty operations and serves as a strong foundation for us to become a major treaty broker in the US, Canada and Bermuda." Mr. Cashman commented, "Cooper Gay exemplifies the true benefits of independence in this marketplace, and I am proud to be associated with such a forward-thinking organization. We are committed to making Cooper Gay & Cashman the preeminent independent treaty broker in the United States. We will do so by populating our company with the industry's finest talent and bringing world class service and analytics to our clients." Mr. Cashman holds a B.S. degree magna cum laude from the University of St. Thomas University of St. Thomas can refer to:
About The Cooper Gay Group Founded in 1965, Cooper Gay is one of the largest privately held insurance and reinsurance brokerage groups registered at Lloyd's of London Not to be confused with Lloyds Bank or Lloyd's Register. Lloyd's of London is a British insurance market. It serves as a meeting place where multiple financial backers or “members”, whether individuals (traditionally known as . The independent company's worldwide offices are found in over 20 locations in the Americas, Europe and Asia. Additional information may be found at www.coopergay.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion