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Tag: brokers


Brokers

Amwins Global Risks appoints new COO and Director of Operations

September 16, 2021

Via: Reinsurance News

Amwins Global Risks, the international arm of the global specialty insurance broker, has announced the appointment of Colm Hensman as Chief Operating Officer (COO) and Lindsey Davies as Director of Operations. Hensman joins as COO from specialist insurer Beazley, where […]


Brokers

Gallagher acquires majority stake in Brokers’ House

August 16, 2021

Via: Reinsurance News

Insurance broker Gallagher has acquired a majority stake in Brokers’ House, a specialty broker based in Istanbul. This acquisition will be Gallagher’s first direct presence in Turkey and will give the company a footprint in a growing strategic insurance hub […]


Brokers

Aon resets executive team after WTW deal collapse

July 28, 2021

Via: Artemis BM

Broker Aon has reset its Executive Committee following the collapse of its acquisition of rival insurance and reinsurance broker Willis Towers Watson (WTW). Aon logoAon said its new Executive Committee structure is a further acceleration of its Aon United strategy, […]


Brokers

Divestitures more likely than Aon abandoning Willis deal: Analysts

June 17, 2021

Via: Artemis BM

After the US Department of Justice (DOJ) decided to sue in an attempt to block Aon’s acquisition of broking rival Willis Towers Watson (WTW), analysts at KBW said that rather than abandoning the merger, Aon is more likely to offer […]


Brokers

Price Forbes Chile appoints Soto Quintus CEO, Pizarro to lead broking

May 18, 2021

Via: Reinsurance News

The Chilean arm of independent insurance broker Price Forbes has appointed Martin Soto Quintus to the role of Chief Executive Officer, while Miguel Pizarro has been added as Chief Broking Officer. Soto Quintus joins from Aon Reinsurance Solutions where he […]


News

Canada’s Riverview Insurance Solutions Merges with Sterling Capital Brokers

May 11, 2021

Via: Insurance Journal

Riverview Insurance Solutions (RIS), the Alberta, Canada-based middle-market benefit consulting firm, announced it will merge with Sterling Capital Brokers (SCB). The combined company will create the largest independent employee-owned benefit consulting firm in Canada, said SCB in a statement. Founded […]


Brokers

Liberty Company Insurance Brokers forms partnership with Florida-based Darr Schackow Insurance

May 3, 2021

Via: Insurance Business

Liberty Company Insurance Brokers (LCIB) has entered into a new partnership with Gainesville, FL-based insurance agency Darr Schackow Insurance (DSI). A company release said that DSI’s 55 employees and four offices throughout Florida would significantly expand LCIB’s presence in the […]


Regulatory / Legal

Compliance committee criticises draft broker code

April 27, 2021

Via: Insurance News

The Insurance Brokers Code Compliance Committee has criticised a draft update of the code of practice for failing to sufficiently elevate cultural and behavioural standards and has called for a stronger stance on conflicts of interest. “The code must go […]


Brokers

Worldwide Broker Network names EPIC Insurance executive to board

April 15, 2021

Via: Insurance Business

The Worldwide Broker Network (WBN), the world’s largest global network of independent insurance and benefit brokers, has announced the appointment of B. Scott Davis to the WBN board. The appointment was made during WBN’s 64th Global Conference, held virtually from […]


News

Aggregate value of insurance sector M&A deals up sharply in Q1

April 5, 2021

Via: Business Insurance

First-quarter mergers and acquisitions involving U.S. and Bermuda-based insurance industry companies produced an aggregate deal value of $21.16 billion, according to a report Monday from S&P Global Market Intelligence. This year’s first-quarter tally tops full-year deal totals for 2019 and […]


Brokers

Hollard seeks female brokers for leadership program

March 15, 2021

Via: Insurance News

Hollard is seeking applicants for this year’s Aspire Women Leaders Program, a year-long career development course tailored to female insurance brokers looking to become future business leaders. Hollard has run Aspire twice so far and of the 33 participants to […]


Brokers

UK Broker, Specialist Risk Group, Acquires MGA CLS Risk Solutions

March 5, 2021

Via: Insurance Journal

Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory approval. Financial details of the acquisition — its fourth so far this year — were not disclosed. Established in 2010, […]


Geo-Political, Risk Management

US winter storm loss creep likely to be prolonged: Aon

March 5, 2021

Via: Artemis BM

The complexities surrounding the development of an ultimate of insurance and reinsurance market losses from the recent US winter storm event are set to be significant, with broker Aon warning to expect a prolonged period of loss creep. winter-stormCurrently, estimates […]


Brokers

FM Global names senior broker relations manager for EMEA

February 3, 2021

Via: Insurance Business

Commercial property insurer FM Global has announced the appointment of Alberto Diaz (pictured) as senior broker relations manager for EMEA. Diaz previously served as director and vice president of AFM, Frankfurt, FM Global’s middle-market division. He was appointed to that […]


Brokers

Broker M&A deals hit new record in 2020

January 19, 2021

Via: Business Insurance

Mergers and acquisitions among insurance brokerages accelerated in the fourth quarter of 2020, capping a record-setting year, according to data from Optis Partners LLC. There were 290 fourth-quarter transactions involving U.S. and Canadian brokerages, third-party administrators and related managing general […]