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.
Abundant capacity keeps pricing pressure on commercial markets: Aon
‘Abundant capacity and heathy competition’ continued to drive price reductions in most markets for property, casualty and cyber, Aon says
Willis pioneers Caribbean coral parametric scheme
Caribbean island communities stand to benefit from payouts of up to $150,000 per event to finance emergency reef response after hurricanes strike
Rokstone launches US errors and omissions division
New offering begins with $5m of capacity for professional liability risks, backed by Builders Insurance
Amwins expands nat cat facility to $50m 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
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.