Brokers & Distribution
Brokers provide a vital cog in the global specialty re/insurance marketplace, with their role continuingly evolving beyond a mechanism simply to place business. The advisory services provided by brokers now form a critical part of their value offering. The broking landscape is also shifting with major merger and acquisition activity creating opportunities for growing firms to expand in core markets and attract staff who have been displaced in the fallout from major deals.
BP Marsh full-year NAV surges 42% to £326m
Insurance-focused investment firm reports pre-tax profit more than doubled to £104.7m for the last financial year
Howden acquires Peruvian reinsurance broker
Innova Re specialises in commercial lines including property, aviation and civil liability
Ryan Specialty launches unified global renewables division
Managing general underwriter to combine renewable energy MGUs, PERse Americas and PERse International, with recently acquired Albus
Ryan Specialty strikes deal for surplus lines broker JM Wilson
Michigan-based firm offers a variety of products, including personal lines, surety and transportation
Rokstone taps QBE’s Chandran to lead Apac marine business
Specialty MGA hires marine market veteran to drive Asia expansion
Specialty MGA Amiga launches in London
Former Nexus executive will lead new MGA with backing from BP Marsh & Partners
Axa XL partners with McGill on digital placement
The insurer’s UK and London business will use McGill’s broking platform to digitally align its risk appetite with the broker’s client portfolio
Miller completes AHJ acquisition
The acquisition ‘significantly accelerates’ the broker’s reinsurance strategy, group chief executive, James Hands, says
Hive enters space insurance with hire
MGA expands product offering with hire of Occam’s Jack Kenneally
Optio returns to PVT market with new offering
Lloyd's-backed product offers a $150m limit
Rokstone launches international casualty division
Launch marks the latest step in the expansion of MGA’s global casualty portfolio
Ryan Specialty enters Irish market
US broking and underwriting group acquires latent defect specialist 360° Underwriting
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