Cooper Gay Swett & Crawford to sell North American unit
The sale will exclude the Miami hub office for the company's Latin American business
The division consists of wholesale broker Swett & Crawford, a U.S. reinsurance broker and MGAs including J.H. Blades & Co. and Creechurch International Underwriters. It’s currently led by Tom Ruggieri.
The sale will exclude the Miami hub office for the company’s Latin American operation.
“We believe this transaction will best serve the long-term interest of our clients, employees and shareholders,” CEO Steve Hearn said in a statement.