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.
London market brokers cautious about reputational risk of AI
New Liiba research finds clients value service and the confidence their risks are being expertly managed
Transactional risk MGA Alpha launches
Axa XL and Probitas back managing general agent
Howden launches US sports and entertainment practice
New practice will be led by Robbie Henderson
Miller names Yarwood senior marine director
Andrew Yarwood will support broker’s direct marine business across London and international markets
Miller launches in Malaysia
Broker continues Asia expansion with Labuan-licensed reinsurance focused unit
Marsh Risk elevates Adamantiadis to lead global placement
Marsh Europe chief executive succeeds John Donnelly who is retiring
Carbon names Wooldridge head of US casualty
Lloyd's delegated authority specialist hires Gallagher Re executive as it continues US push
Political risk cover gains mid-market traction: WTW
Insurers but will require products better suited to middle-market buyers, broker says
Neil Eckert to join Willis Re as chief executive
Industry veteran to lead newly relaunched reinsurance broking business
Howden Re launches alternative solutions practice
New practice combines structured reinsurance, analytics, parametric and capital markets expertise to develop innovative risk and capital solutions
McGill acquired by EQT for $2bn
New investment to support broker’s organic growth and development of new technology, data and digital capabilities
Rebirth without the drag of legacy: Willis Re’s Summers
Liberated from gardening leave, Willis Re’s head of global specialties, Jim Summers, describes the gameplan for the new reinsurance broking business in Monte Carlo and beyond
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