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William Gallagher Launches Wholesale Insurer Wright Insurance Brokers

Source: Business Insurance - Bill Kenealy

Posted on 12 Jun 2013 by Neilson

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WGABoston-based William Gallagher Associates Insurance Brokers Inc. has launched a wholly owned wholesale property/casualty operation called Wright Insurance Brokers.

The wholesale unit, which will be based in New York and maintain a London underwriting facility, will focus on risks in the life sciences, high tech, financial institutions, health care and renewable energy sectors, Gallagher Associates said in a statement.

Its first insurance product for foreign clinical trials streamlines coverage in more than 100 countries.

Mark Bradway has been named director of the new unit. Mr. Bradway is a veteran of the wholesale market, having started his career as wholesale insurance broker Swett & Crawford Group Inc. in Los Angeles specializing in professional and management liability products for the financial services industry.