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.
Willis names Pryce head of CRB for Southeast Asia
Executive succeeds Rupert Roberts, who was promoted to chief commercial officer for Asia
Optio completes Gardian Marine acquisition
Managing general agent adds marine builder’s risk specialist to its portfolio
Drone spillover raises PV risk in non-combatant countries
Countries outside active war zones are increasingly exposed to the consequences of conflict, Guy Carpenter executive says
CFC names Winslow chief executive
Former Direct Line chief executive to join specialist underwriting business as it looks to accelerate growth and ‘unlock the significant potential of AI’
MGA Arrow launches marine practice
New practice will focus primarily on marine cargo and logistics-related risks
ANV completes Iris Insurance Brokers acquisition
Acquisition of London-based firm strengthens ANV’s UK distribution and adds MGA incubator platform
Ryan Specialty secures Lloyd’s stamps for P&C portfolio
Lloyd’s-backed stamps will take a combined 15% share across Ryan Specialty’s portfolio
Aon ramps up data focus with roll-out of digital follow platform
As data becomes ubiquitous, brokers will need to start providing much richer submissions to insurers, Aon’s Clyde Bernstein says
Reinsurance capital climbs to $790bn at Q1: Aon
Inflows of third-party capital continue as traditional capital remains broadly stable, broker says
Retro markets ‘push back’ on aviation rate pressure
Aviation retrocession markets are becoming cautions of rising losses amid a ‘changing view of risk’, Gallagher Re reports
Ai Marine link-up with London P&I highlights growing interest in fixed-premium cover
Development is a further indicator that the dividing line between for-profit and not-for-profit P&I cover is steadily eroding
Fidelis launches casualty reinsurance MGA
Adroit Underwriting will focus on US casualty reinsurance for small and medium-sized enterprise risks
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