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WORLD INSURANCE ASSOCIATES


Appoints Howard Margolies as principal, SVP and head of benefits. The firm recently expanded into employee benefits space with two acquisitions. Others are in the works. Margolies was CEO of employee benefits MGA Fiduciary Intermediary Ltd. (FILCO).

WILLIS TOWERS WATSON


President and CEO Dominic Casserley set to leave when employment agreement expires Dec. 31. >> Tim Wright is leaving as head of corporate risks and broking. Todd Jones moves from co-head of North America to fill Wright’s role. Carl Hess, other co-head of North America, moves to head of investment, risk and reinsurance. Joe Gunn promoted from Northeast regional lead in North America to lead post vacated by Jones and Hess. >> Willis Re appoints Printhan Sothinathan as managing director and head of Willis Re Specialty Analytics, effective January 2017. He joins from Navigators Group, where he was managing director of continental Europe.

USI


Hires Brian Bark as president of employee benefits for the Woburn, Mass., office. He will play a significant role in USI’s New England executive team.

RISK STRATEGIES COMPANY


Makes first foray into wealth management and retirement plan services by acquiring TSG Financial, a full-service employee benefits and financial services firm based in Garden City, N.Y.

J. SMITH LANIER


Hires Lisa Ciancio as VP of the executive promotion group. She will assist with placement of complex risks across all offices. She joins from Tiebeam Partners, where she was EVP.

PLEXUS GROUPE


Buys Ingensa Insurance Services, an insurance and financial services firm based in Illinois. Founder Dave Demas joins Plexus as VP of business development. Ingensa will rebrand under Plexus name.

PALMER & CAY


Appoints John Smith as vice chairman. He was most recently EVP at Crystal & Company. >> Opens office in NYC, an expansion into the Northeast, where it will focus on middle market and large companies, particularly in private equity sector. Smith will spearhead expansion.

PSA INSURANCE


Acquires NextLogical Benefit Strategies. Founder Aaron Davis will become PSA’s new VP of healthcare solutions. 

NORTHWEST INSURANCE SERVICES


Agrees to acquire Winans Insurance & Employee Benefits, a 90-year-old agency located in Warren, Penn. Owner David Winans will become VP of Northwest Insurance Services, a subsidiary of Northwest Bank.

MARSH


Marsh & McLennan Agency (www.marshmclennanagency.com) opens new office in Baltimore, focusing on risk management, surety, employee benefits and private-client insurance. >> MMA also acquires Vero Insurance of Vero Beach, Fla., specializing in private-client services. >> Names Rich Drab as CEO of Dovetail Insurance, which provides insurance technology services to U.S. small commercial market. Based in Chicago, he reports to Kevin Tobin, president of Marsh’s Insurance Services Group. Drab joins from IBM, where he was partner in global business services practice.