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.
Amwins expands nat cat facility to $50mn per placement
Expanded facility will provide cover for earthquake, flood, wildfire, windstorm and other natural catastrophe risks worldwide
Accredited partners with Hellenic Hull for ocean marine risks
Hellenic Hull will underwrite hull and machinery, ancillary marine risks and marine cargo on behalf of Accredited
Acies launches ports and terminals MGA
TEDmar International is backed by Lloyd’s capacity and will offer a ‘full package’ of cover for P&T operators and port authorities, Acies says
Mapfre acquires 38.9% stake in insurtech Tuio
Transaction aims to support Tuio’s digital expansion into Latin America and Europe
Greenlight Re gets Lloyd’s ‘in principle’ full syndicate approval
Greenlight Innovation Syndicate 3456 is set to become a full Lloyd’s syndicate from January 1, 2027
WTW posts $231m net income as operating margin narrows
Broker’s Q2 net income falls 30% to $231m, but revenue rises 9% and adjusted net income by 11%
Mission Underwriters launches property MGA Kyntra
New MGA marks the next phase of the business’s expansion plans across Europe
PPL launches carrier response time benchmarking tool
New offering aims to use transactional data to help carriers identify where their service delivery could improve
Banyan Risk launches digital assets and emerging risks product
New offering includes directors’ and officers’ liability, professional liability and crime cover for businesses operating across emerging technology sectors
Data centre stakeholders may be overinsured, WTW warns
Rapid growth in digital infrastructure and demand for artificial intelligence may be encouraging organisations to secure more capacity than their exposures require, broker says
MNK International launches energy division
New division will target emerging and specialist markets across Africa, the Middle East, Europe, Asia and the Americas
Price Forbes adds casualty to Lectio platform
Broker continues expansion of cross-class facility
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