London-based Cooper Gay Swett & Crawford (CGSC) has rebranded its marine insurance business to Latitude Brokers in Hong Kong, effective from 3 March 2014.
Under the leadership of Tom Fulford-Smith, the current Marine team will be strengthened with the recruitment of three senior brokers as new directors for Latitude Brokers.
According to CGSC, the three senior brokers will include Andrew Brooker and Vanessa Toucas from FP Marine Risks while Charles D’Alton joins from Charles Taylor (Singapore).
Subject to regulatory approval, the rebranded entity will be incorporated as a separate entity in its own right and will trade as Latitude Brokers Ltd.
CGSC CEO, Toby Esser, said: "Latitude will join Junge & Co in both Hamburg and Antwerp as our niche Marine retail focused brands, while we retain the capability to provide our traditional wholesale and facultative support to existing and new clients."
Junge CEO and Global Marine Practice Group leader, Ruediger Hansel, added: "The formation of Latitude is an important development of our Marine business and strengthens our proposition to offer dedicated full service retail capability across all of the traditional marine disciplines."