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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 sells stake in Lloyd's broker CBC UK

Insurance-focused venture capital firm will receive an initial consideration of £41.8m for its 43.8% stake in broker's parent company Paladin

London Mergers and Acquisitions

Liiba makes three board appointments

Gina Butterworth, Margarita Hutley and Holly Shepherd join the broker representative body’s board

London Lloyds

Augment Risk appoints McGill's Matson as CEO

Newly launched reinsurance broker hires McGill and Partners partner Andrew Matson to lead the business

Reinsurance Broker

'The UK fronting market may grow faster than the US': State National CEO

Senior executives from State National and Markel International discuss their plans for a joint venture they say will be bring new global insurance capacity to the ‘underserved’ and fast-growing UK MGA fronting market

United Kingdom Markel

Pop Group appoints Coleby as managing partner of operations

Fusion Specialty owner hires former Aioi executive to oversee operations across key operating entities 

Australia Distribution

Howden acquires Swiss reinsurance broker Haakon

Fast-growing broker continues expansion of its European reinsurance platform with latest deal

Europe Reinsurance

WTW names Condello head of Asian risk

Broking giant hires former Gallagher executive to lead new Asian risk division within its North America Corporate Risk and Broking business

Asia Pacific Willis Towers Watson

Gallagher closes acquisition of Cadence Insurance

International broker completes $904m acquisition of the insurance broking operation of Cadence Bank

United States Casualty

State National to enter UK market

US programme heavyweight partners with sister business Markel International to target UK managing general agents

United Kingdom Markel

Lightyear Capital invests in broker Inszone

Private equity firm injects capital into US broking group alongside existing investor BHMS 

United States Broker

Ardonagh's Erotocritou appointed to Brokerslink board

Antony Erotocritou will represent Ardonagh Specialty on the broker network's board

London People moves

Viewpoint: MGA sector optimistic in face of economic challenges

Against the backdrop of economic uncertainty and political turbulence, confidence in the MGA market is as high as ever. What are the opportunities and challenges facing the sector as we head into 2024?

United Kingdom Lloyds
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