Legal/ Regulatory

Premiership Rugby to maintain Gallagher sponsorship despite racism row

Premiership Rugby has said it will not end a sponsorship deal with Gallagher following calls for the rugby organisation to sever ties with the broking-giant after its UK boss made an offensive comment about the heritage of a departing employee.

Lockton investigates sexual harassment allegations

Lockton has hired an independent lawyer to conduct an internal investigation after a former employee sued the US broker alleging a pattern of sexual harassment and discrimination going back to 2002 and continuing to last year.

Markel transfer of European business approved

Markel International has completed the transfer of the European business of its London insurance company to its Munich-based insurance company to protect against the impact of Brexit.

Lockton sues 4 more defectors and says McDaniel demoted for “bad acts”

In two separate lawsuits filed in the last week, Lockton has sued four additional former employees who left for Alliant and alleged a former Mountain West Series CEO was demoted for “interpersonal issues”.

Florida AOB bill passes judiciary committee

A bill aimed at clamping down on the assignment of benefits (AOB) abuse that has blighted the Florida insurance market has passed the state’s House Judiciary Committee and is now waiting to be taken up to the House floor.

Lockton calls out Alliant’s “corporate raiding” business model

Lockton has exposed what it alleges is a strategy of “unscrupulous corporate raiding” at Alliant in a Delaware lawsuit filed against its expansive rival.

Ross denies attempt to hire “unemployable” Matson

As the ongoing legal battle between Gallagher and the Ardonagh Group continues, the latter’s CEO David Ross denied any attempts to recruit Gallagher’s Simon Matson, describing how the terms of his contact rendered the executive “unemployable”.

David Ross: Gallagher cliff-vest loan was “morally bankrupt”

Ardonagh Group CEO David Ross hit out at his former employer Gallagher in the Royal Court on Monday calling its offer of a £1mn “cliff-vest” loan to its own senior broker Peter Burton as “morally bankrupt”.

MMC’s JLT acquisition to close 1 April following EC approval

The European Commission has approved Marsh & McLennan Companies’ acquisition of Jardine Lloyd Thompson, conditional on the divestment of JLT’s global aerospace practice.

Gallagher vs Ardonagh: Chilton weighs in on “underhand tactics”

As the war of words continues between Gallagher’s London wholesaler Alesco and subsidiaries of the Ardonagh Group, industry heavyweight and former Gallagher UK CEO Grahame ‘Chily’ Chilton said he was both “shocked” and “surprised” that two employees would pass over sensitive information to rival firms.

Steve Lockton sent ‘vulgar, profane and threatening texts’, allege defectors

A legal filing by seven producers who left Lockton for Alliant last week alleges former colleague Steve Lockton sent a “blunderbuss of vulgar, profane and threatening texts” to the defectors.

Gallagher vs Ardonagh dispute puts spotlight on war for London broker talent

The ongoing legal battle between Gallagher’s London market wholesaler Alesco and subsidiaries of the Ardonagh Group over a bitter staff and energy business poaching case has highlighted the extent of the war for talent among senior producers in the London market and, in some cases, the extraordinary lengths employers must go to access or retain top talent.

Gallagher's Matson reported “irregular” £625,000 Ardonagh loan to the FCA

Gallagher CEO Simon Matson reported the “irregular” £625,000 loan made to former Alesco employee Peter Burton from a company associated with the Ardonagh Group to the Financial Conduct Authority, a court heard.

Gallagher v Ardonagh: the case so far

The war of words between broking house Gallagher and subsidiaries of the Ardonagh Group entered its fifth day on Monday as legal teams for both sides continued to battle it out in the Royal Court over a bitter staff and business poaching dispute.

Lockton sues Alliant defectors to enforce 4-year restrictive covenants

The Insurer analyses Lockton’s legal filing seeking injunctive relief against seven producers, after mass resignations last week.

Lockton seeks TRO and preliminary injunction against Alliant-bound team

Lockton has reacted to the departure of Chuck McDaniel and his team to Alliant by filing for a temporary restraining order and preliminary injunction against him and six other executives, The Insurer can reveal.

Europe asks MMC rivals to comment on sale of JLT's aerospace unit

A month before JLT agreed to sell its sector-leading aerospace division to assist with regulatory approval for MMC’s £4.3bn takeover of the UK broking group, the European Commission canvassed MMC and JLT rivals for their comments on a “structural divestment” of the business unit, The Insurer can reveal.

Ardonagh defence claims Gallagher’s Matson targeted Burton with “cliff-vest” loan

The Royal Court heard today that Gallagher CEO Simon Matson sought to tie Peter Burton, former broker at Gallagher subsidiary Alesco, to the firm for seven years through a “cliff-vest” loan of £625,000 ($825,00) before Burton eventually joined Bishopsgate.

The downside of litigation: Airing dirty laundry

This morning, The Insurer revealed that the bitter - and very personal - legal dispute between Gallagher and UK broking Group Ardonagh had finally begun.

Alesco QC: David Ross is “not a banker” as day one legal skirmishes begin

The barrister representing broker Alesco in a bitter London market poaching dispute has opened the case for the wholesaler by questioning why rival firm Ardonagh and its CEO David Ross sanctioned a loan of £625,000 to a former Alesco employee who jumped ship shortly afterwards.

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