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Category: Brokers


Brokers

Lloyd’s Broker Servca Launches Malta Office to Spearhead European Expansion

June 16, 2022

Via: Insurance Journal

Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European business. With passporting rights to all 28 EU countries, complete […]


Brokers

How did the global market for insurance broking fare in 2021? – Report

June 8, 2022

Via: Insurance Business

The global market for insurance broking saw significant growth in 2021, recording a revenue of around US$137.6 billion from total fees and commissions earned, a report from marketing consultancy Insuramore revealed. This is an increase of about US$122.3 billion from […]


Brokers

Howden Gets Regulatory Nod to Raise Stake in Howden India to 100%

May 26, 2022

Via: Insurance Journal

Howden, the international insurance broker, announced it has obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its shareholding in Howden India from 49% to 100%. The move is subject to post completion approval from […]


Brokers

Global Broking Network Brokerslink Adds First Tech Firms as Members

May 19, 2022

Via: Insurance Journal

Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the network’s intent to enter a new era of digitalization, […]


Brokers, Financial, Risk Management

Lockton posts record Q1 revenue growth

May 17, 2022

Via: Reinsurance News

Insurance and reinsurance broker Lockton has posted record revenue growth of 27% over the period from Q1 2021 to Q1 of this year, most of which was organic revenue growth. The company reported revenue of $2.69 billion for the first […]


Brokers

Brokerage president finds success in “servant leadership, empathy and execution”

April 21, 2022

Via: Insurance Business

“Servant leadership, empathy and execution” are watchwords for Tony McIntosh, executive vice president and partner at The Liberty Company Insurance Brokers. That focus has brought McIntosh success in the insurance space, and led to his inclusion on the Insurance Business […]


Brokers

Insurers, Brokers Among Those Named World’s Most Ethical Companies

March 22, 2022

Via: Insurance Journal

Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that defines and measures corporate ethical standards and […]


Brokers

XPT Specialty Acquires Indiana’s Insurance Brokers Incorporated

February 9, 2022

Via: Insurance Journal

XPT Specialty has acquired Insurance Brokers Incorporated, headquartered in Indianapolis, Indiana, in a move that continues a series of acquisitions for the company. IBI is a wholesale insurance broker and general agency that offers agents a broad range of personal, […]


Brokers

Insurance Business America welcomes entries for Fast Brokerages 2022

January 5, 2022

Via: Insurance Business

Has your brokerage enjoyed a year of increased revenue, headcount growth, and successfully refocused offerings? If so, your organization may qualify for Insurance Business America’s list of the fastest-growing brokerages in the country. To be considered for a place in […]


Brokers

Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE

December 6, 2021

Via: Insurance Journal

Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in April, were not disclosed. Under the […]