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.
Miller expands marine team with Pierpoint hire
Broker hires British Marine executive Pierpoint to drive North America growth
Aon to acquire in-house agency of Mitsubishi Chemical
Global broker looks to broaden footprint in the Japanese market
Managing general agents are extending their reach
Firms should ‘stay resilient’ to their underwriting principles when facing a reducing rating adequacy environment, Managing General Agents' Association chief executive says
Gallagher acquires THB Chile
Fast-growing US broker expands footprint in Chile with deal for retail intermediary
CrowdStrike ‘drives surge in demand for system outage cover’
The cyber market is failing to provide adequate coverage for system outage incidents, with many businesses unknowingly underinsured, Parametrix chief executive says
Guy Carp to acquire remaining stake in Greek joint venture
Carpenter Turner will be rebranded as Guy Carpenter Greece
UIB opens Nepal office
Representative office represents 'major milestone' in broking group's Asia growth strategy
Marsh McLennan closes $7.75bn acquisition of McGriff
Acquisition expands the group’s Marsh McLennan Agency unit
Lloyd’s professional liability underwriting manager Doe & Emuss launches
D&E will offer professional liability underwriting services via wholesale brokers and agents in London, the US and Canada
Prevention is better than cure: How technology is reshaping approaches to risk
Gone are the days of relying solely on historical data and human judgment; today’s risk assessment demands real-time analysis of complex, interconnected factors to stop losses before they occur, experts say
Shipowners’ Club acquires Lloyd’s MGA
Shipowners’ Club plans to use Lloyd’s MGA to offer hull policies to protection and indemnity clients
Ryan Specialty close to buying Innovisk
Ryan Specialty Underwriting Managers’ CEO says Innovisk managing general underwriters are ‘among the best in the industry’
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