Jim Summers defecst to rival broker

Jim Summers, who resigned on Wednesday as CEO of broking group Cooper Gay's Lloyd's broking unit, will join reinsurance broker Guy Carpenter.

It is thought Summers will become global head of marine and energy at Guy Carpenter, a division of global broker Marsh.

Toby Esser, chief executive of Cooper Gay Swett & Crawford, has replaced Summers on an interim basis.

Summers joined Cooper Gay in 2002 as managing director of the UK marine division. He was appointed chief executive of the UK company in October 2006.