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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 invests in start-up broker SRT & Partners

Insurance-focused private equity firm acquires 30% stake in UK retail and London market broker

United Kingdom London

SageSure appoints ex-Guy Carp CEO Hearn to board

Peter Hearn joins board of catastrophe specialist managing general agent

United States Property

Brown & Brown posts 9.5% organic growth for Q3

US broking group posts earnings beat as third-quarter net income jumps 33% to $234m

United States Broker

Aon names space division global practice leader

Jared Ball will succeed Jeff Poliseno, who is retiring after three decades in aerospace broking

Aon Specialty

Aon corporate broking growth steady in Q3

Commercial Risk Solutions division reports 6% organic growth in third quarter

North America Aon

FCA finds rise in non-financial misconduct in London market

Incidents more than double in number in London market between 2021 and 2023, but unclear whether figures reflect worsening behaviour, or better reporting and surveillance

United Kingdom Lloyds

Results round up: Gallagher, Hartford and Universal

Latest results from across the market

United States Broker

BP Marsh NAV climbs 10% in H1

The insurance-focused investor reports net asset value rose to £253m at the half-year point, as pre-tax profits surge

United Kingdom Distribution

Rokstone strikes D&F property deal with Aviva

Agreement will enable MGA to underwrite global property D&F business up to $2m per risk

London Distribution

Beat Capital launches US middle-market E&S underwriter

Incubation platform partners with CrossCover executive Brett Dupre on launch of Fallow Grove

United States Property

SiriusPoint eyes further North America MGA tie-ups

Company plans to add ‘one or two’ MGA capacity partnerships per quarter to existing suite of 17 arrangements, carrier’s head of property and casualty for the Americas says

North America United States

Pen Underwriting relaunches cyber insurance for large corporates

New offering includes £10m in primary cover while excess-of-loss limits have been doubled to £15m

United Kingdom Cyber
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