Category: Brokers

December 1, 2023

The pace of brokerage mergers and acquisitions (M&A) isn’t expected to abate any time soon, with at least one industry expert seeing global consolidation set to accelerate. Huge capital inflows into insurance over the last few years have given M&A […]

October 25, 2023

QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given […]

October 6, 2023

Steadfast Group (Steadfast), the largest general insurance broker network and underwriting agency group in Australasia, has expanded into the US insurance market by acquiring ISU Group (ISU). Starting a franchise over 40 years ago, ISU has become one of the […]

September 25, 2023

Broking giant Aon has announced the hiring of former Aeolus Capital Management portfolio manager Jake Nichols, as its new Global Clients Leader, Bermuda, within the firms Reinsurance Solutions division. Nichols brings expertise across the reinsurance and collateralized space, having worked […]

August 29, 2023

Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine practice, trading under the Haven Knox-Johnston name. The […]

August 21, 2023

InterContinental Insurance Brokers, LLC, a private client services division of Venbrook Insurance Services, has promoted Christopher D. Tannas to Senior Vice President/ National Director, and Mackenzie Rooney to Vice President. At the same time, the company has also appointed Marie […]

July 21, 2023

HUB International Ltd. (HUB), the Chicago-based insurance brokerage and financial services firm, announced the launch of HUB Franchise Insurance Solutions, a digital platform to help franchisors and franchisees manage their insurance needs in one location. With HUB Franchisee Insurance Solutions, […]

July 14, 2023

Analysts at Goldman Sachs still expected reinsurance broking businesses to report double-digit premium growth in the second quarter of 2023, as well as strong results in retail property and casualty (P&C) globally. In a recent report, analysts discuss pricing and […]

June 29, 2023

Aluminium Bahrain B.S.C, the largest aluminium smelter in the world after China, held a Reverse Insurance Roadshow. This was the first of its kind in the MENA region, with top-rated insurance and reinsurance markets, in collaboration with Bahrain Kuwait Insurance […]

June 21, 2023

International insurance broker Howden has expanded its footprint its Switzerland following its acquisition of insurance brokers argenius Risk Experts AG (argenius) and RVA Versicherungsbroker AG (RVA). Born Consulting AG, which has been part of Howden Switzerland since 2022, is acquiring […]

May 30, 2023

Guy Carpenter, the reinsurance specialist business of Marsh McLennan, announced it will acquire Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction, which is expected to close later this quarter, were not disclosed. Founded in 2010, […]

April 19, 2023

Specialist insurance and reinsurance broker BMS Group has entered into an agreement to acquire West Australian specialist broker Western United Financial Services (WUFS). The terms of the transaction have not been disclosed. Founded in 2002, WUFS offers tailored insurance broking, […]

April 13, 2023

The Clear Group, the London-based independent broker, announced the acquisition of Irish commercial broker McAuliffe Barry & Collins Ltd., which trades as MBC Insurance and Techinsure.ie. Clear has acquired 100% of MBC Insurance. Financial details of the deal were not […]

March 24, 2023

PCF Insurance Services (PCF) is at a “moment of convergence” after investing heavily in data and technology capabilities last year. The independent commercial insurance brokerage, one of the fastest growing in the US, is ready to fuel its organic growth […]

February 28, 2023

Insurance Business has released the list of the America’s top specialist insurance brokers for 2023. The winners of the seventh annual top specialist brokers list possess unique insights and highly developed skill sets tailored to their specialty to help retail […]

February 8, 2023

Michael H. Bill and Jon Loftin (pictured right and left, respectively) know that insurance companies are primarily made up of men like them. But they are also conscious that this presents a challenge to the industry. “We go to industry […]

January 27, 2023

Global insurance and reinsurance broker, Arthur J. Gallagher & Co., has reported adjusted net earnings of $367.9 million for the fourth quarter of 2022 within its brokerage operations, which alongside higher earnings in its risk management segment, more than offset […]

January 18, 2023

Acrisure, which operates a global insurance broker, has acquired Affinity Brokers Limited, a commercial insurance broker based in Glasgow, Scotland. Founded in 2010 by Scott Meechan and Yvonne McKnight, Affinity has a specialty in jewellery and jewellers block. The business […]

December 20, 2022

The North American Corporate Risk and Broking (CRB) division of WTW has launched a new strategy that looks to enhance its client proposition through aligning the entire value-chain of internal resources through industry specialisation. A statement from the firm said […]

December 15, 2022

What is the duty of an insurance broker in New Jersey to members of a limited liability corporation (LLC) when it comes to workers’ compensation coverage? The New Jersey Supreme Court this week ruled that a broker has a “non-waivable” […]