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Tag: Agents & Brokers


Financial, Risk Management

Global Reinsurers’ Capital Levels Drop by 11% During H1, Hit by Declines in Markets

September 6, 2022

Via: Insurance Journal

Global reinsurers’ capital levels dropped by 11% in the first half of 2022 to $647 billion, hurt by market declines, though higher interest rates helped their liability positions, broker Gallagher Re said on Tuesday. Reinsurers, who insure the insurers, have […]


Risk Management, Trends

Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh

August 1, 2022

Via: Insurance Journal

Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance Market Index released by […]


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, […]


InsurTech

Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses

May 13, 2022

Via: Insurance Journal

Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology […]


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 […]


Brokers, Risk Management, Trends

How satisfied are independent insurance agents with carriers?

October 6, 2021

Via: Insurance Business

Independent agents’ satisfaction with carriers has surged as industry changes have placed a renewed focus on the independent agent channel, according to a new study by J.D. Power. J.D. Power’s 2021 U.S. Independent Agent Performance and Satisfaction Study, developed in […]


Risk Management, Trends

Insurance M&A deals keep rolling in

March 2, 2021

Via: Business Insurance

Mergers and acquisitions activity in the insurance sector was strong in 2020 despite COVID-19 and is expected to remain robust in 2021 as rising commercial insurance rates bolster earnings, making insurers attractive targets, and “deployable capital” remains abundant, analysts and […]


Brokers, News

BGC Insurance Rebrands as Corant Global

January 19, 2021

Via: Insurance Journal

BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests of BGC Partners Inc., a global brokerage and financial technology company, subject to regulatory consent. Corant will comprise the broking […]