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.
Acrisure Re appoints Aon's Romeo as Bermuda head
Broker bolsters Bermuda presence with hire of former Aon senior executive Roman Romeo
Dual Europe launches Hamburg marine office
MGA continues to build out marine insurance offering in Europe
Willis appoints Spinelli head of NA transactional claims
Global broker makes senior claims hire
Helix expands into professional lines
New professional lines offering covers directors’ and officers’ liability, errors and omissions, employment practices liability, wage and hour, transactional liability and cyber
Resilience launches technology E&O offering in UK and Europe
The new product offers limits of up to £10m or €10m for both primary and excess placements
Gallagher closes $1.2bn acquisition of Woodruff Sawyer
Woodruff Sawyer offers a full suite of commercial property/casualty products and booked revenue of $268m last year
BMS appoints Henchoz as chairman
Jean-Jacques Henchoz joins from Hannover Re, where he was chief executive and chairman of its executive board
MGA Nirvana to merge with Pulse
Transaction represents the next phase in European specialty underwriting business Nirvana’s strategic plan
HW International completes management buyout
Founder's godson takes control of Dutch broker in 'landmark' transaction
WTW expands London CyXS cyber facility
Expanded facility will offer up to $115m/£115m/€115m capacity through Lloyd’s
WTW launches novel California wildfire policy
Broker partners with The Nature Conservancy on policy that offers sharp discount for forestry risk mitigation
Rokstone extends capacity partnership with Allianz
MGA strikes five-year capacity partnership focusing on specialty areas including natural resources, construction and marine
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