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Category: Brokers


Brokers

Tangram Insurance expands into reinsurance brokerage with acquisition of Preferred Re

January 18, 2024

Via: Reinsurance News

Independent managing general agency and program manager, Tangram Insurance Services, Inc., has acquired Preferred Reinsurance Intermediaries, marking its expansion into the reinsurance brokerage market. Founded in 1983, Preferred Re is a reinsurance broker and consultant working with companies of all […]


Brokers

M&A head sees global broker consolidation accelerating

December 1, 2023

Via: Insurance Business

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 […]


Brokers

Texas’ QuoteWell Announces Launch of Brokerage Operations

October 25, 2023

Via: Insurance Journal

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 […]


Brokers

Major Australasian broker network expands into US insurance market

October 6, 2023

Via: Insurance Business

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 […]


Brokers

Aon hires Aeolus PM Jake Nichols as Global Reinsurance Clients Leader, Bermuda

September 25, 2023

Via: Artemis BM

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 […]


Brokers

Howden’s Aston Lark Acquires UK Broker Curtis Marine

August 29, 2023

Via: Insurance Journal

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 […]


Brokers

Venbrook & InterContinental Insurance Brokers bolsters private client services division

August 21, 2023

Via: Reinsurance News

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 […]


Brokers, InsurTech

Markets/Coverages: HUB International Launches Platform to Manage Insurance Needs of Franchisors, Fanchisees

July 21, 2023

Via: Insurance Journal

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, […]


Brokers

Goldman Sachs still expects double-digit premium growth in reinsurance brokerage

July 14, 2023

Via: Reinsurance News

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 […]


Brokers

Aluminium Bahrain B.S.C holds Reverse Insurance Roadshow

June 29, 2023

Via: Reinsurance News

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 […]


Brokers

Howden expands European footprint with acquisition of two Swiss brokers

June 21, 2023

Via: Reinsurance News

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 […]


Brokers

Marsh McLennan’s Guy Carpenter to Buy Israeli Reinsurance Broker, Re Solutions

May 30, 2023

Via: Insurance Journal

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, […]


Brokers

BMS to acquire specialist broker, Western United Financial Services

April 19, 2023

Via: Reinsurance News

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, […]


Brokers

UK Broker Clear Group Acquires Irish Broker MBC Insurance

April 13, 2023

Via: Insurance Journal

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 […]


Brokers

PCF Insurance at ‘a moment of convergence’

March 24, 2023

Via: Insurance Business

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 […]


Brokers

Insurance Business unveils America’s top specialist brokers for 2023

February 28, 2023

Via: Insurance Business

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 […]


Brokers

Broker on diversifying the “male, pale, and stale” insurance workforce

February 8, 2023

Via: Insurance Business

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 […]


Brokers, Financial, Risk Management

AJ Gallagher’s brokerage & risk management units post 16% organic revenue growth in Q4

January 27, 2023

Via: Reinsurance News

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 […]


Brokers

Acrisure Acquires Affinity Brokers in Scotland

January 18, 2023

Via: Insurance Journal

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 […]


Brokers

WTW unveils new strategy in corporate risk and broking

December 20, 2022

Via: Reinsurance News

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 […]