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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.

Gallagher Re launches digital risk practice

New practice brings together cyber, AI and data centre expertise

Reinsurance Specialty

Willis Re buys BMS Re US

Acquisition provides ‘strong platform’ to accelerate reinsurance broker’s geographic growth and diversify business lines

Broker Mergers and Acquisitions

Clearwater launches crisis management division

Managing general agent will initially write active assailant, terrorism and political violence risks

London Specialty

Miller hires Vickers to lead Bermuda D&F

Wholesale broker continues Bermuda build-out with Gallagher hire

People moves Property

Aon finance chief Reese steps down

Broking giant appoints Nadin Virani as interim chief financial officer

Broker Aon

Aon flags enterprise risks from AI

AI will likely change a company’s existing enterprise risk in areas such as litigation and recruitment, broker warns

North America International

Price Forbes names Harris head of US casualty

London market broker hires Howden executive to lead US casualty practice 

London Broker

War risk is not for the faint-hearted

Simon Lockwood, the head of shipowners at Willis Marine GB, describes the warning signs of inexperience among war insurers

Marine Strait of Hormuz crisis

Aon’s NFP makes retail cannabis business push

Acquisition of Frontier Risk unit to increase broker’s expertise in specialised sector

Mergers and Acquisitions Specialty

Specialty MGA hires Woodage for North American property treaty drive

MNK Group-owned managing general agent continues build-out of treaty reinsurance capabilities

International Distribution

Augment elevates Cripps to head of growth

Executive will originate and deliver strategic growth opportunities at reinsurance broker

Broker Reinsurance

Axa XL to acquire remaining stake in cyber security firm

Re/insurer previously held approximately 49% of S-RM’s shares

Specialty Cyber
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