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.
Insurance sector ‘moving from payer to partner’ in climate resilience: Gallagher Re
Insurance solutions are becoming a more important part of climate resilience and disaster response preparations as event frequency increases, Gallagher Re’s Dorr Berraies tells the Insurance Day podcast
Liiba appoints Aon’s Kus as chair
Tracy-Lee Kus succeeds Howden’s Andy Bragoli as chair of the brokers’ association
Dual and Liberty partner in Latin America
Partnership focuses on Mexico and Central America for property insurance and on all countries in Latin America for financial lines
Cat bonds provide ‘compelling opportunity’ for severe convective storm protection
Acrisure Re says catastrophe bonds can complement traditional reinsurance protection for severe convective storm peril
Aon completes first stablecoin premium payment
Trial with two clients is first such payment among major brokers, firm says
Beazley acquires renewable energy MGA kWh Analytics
Acquisition aims to improve Beazley’s modelling and underwriting capabilities for global energy transition
Gallagher Re urges more efficient cyber coverage
Gallagher Re says the future of efficient cyber tail protection may lie in multiperil reinsurance solutions
Insurers must adapt to UK’s new crypto asset regime: Consilium
Broker explains why a full-stack insurance review is now a governance requirement, following the UK’s Financial Services and Markets Act
Oka partners with 1089 to back insured carbon asset
New framework embeds invalidation risk cover into advanced fuels credits in bid to strengthen carbon market structure
Marine underwriters may reassess Gulf exposures after Iran strikes
Insurers may invoke cancellation clauses, reprice Hormuz transits and tighten underwriting as the US-Israel strikes on Iran heighten fears of shipping disruption
Rokstone launches North American inland marine equipment programme
QBE supports programme with $10m underwriting facility
Hive enters PVT market
MGA appoints Atrium’s Stuart Harmer to lead new class as company continues specialty expansion
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