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Heath Lambert restructures after sale of units

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LONDON—Heath Lambert Group has revised its structure following the sale of its aerospace, U.K. wholesale and reinsurance operations to Cooper Gay & Co. Ltd. in June.

The London-based brokerage said it had formed a national retail division by combining its project risks group and U.K.-wide national operations. That division will be headed by Graham Barr, Heath Lambert said in a statement.

The brokerage's major accounts, financial institutions and professional risks departments have been combined to form a retail major accounts, financial and professional unit, led by Alan Pratten, Heath Lambert announced.

A specialisms division will be formed from the brokerage's art, jewellery and private client team, Italian medical malpractice team and treaty solutions unit, it said.