UK-based broker launches US property wholesale division

U.K.-based insurance broker EC3 Brokers Ltd. on Thursday named brothers Matthew, David and Daniel Jeffery to head up its newly launched London-based U.S. property wholesale division.

The brothers, who joined EC3 Brokers at the end of last year from insurance brokerage Besso Ltd., will lead the expansion of the business internationally and will report to James Murphy, head of broking, EC3 Brokers said in a statement.

Matthew Jeffery will serve as managing director of the U.S. property wholesale division, while David and Daniel Jeffery are divisional directors, EC3 Brokers said.

Combined, the Jeffery brothers have more than 40 years’ experience producing and placing large complex risks into Lloyd’s, London and European company markets and the international reinsurance markets, with a focus on North American and international property, EC3 Brokers said.