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.
Former Kentro CEO Thompson launches Sodalis
BP Marsh and Alliant back broker acquisition vehicle
Pine Walk launches alternative risk transfer MGA
Carnovis Specialty will offer structured re/insurance products across excess of loss and quota share structures
Dual launches natural capital cover
New cover supports biodiversity restoration in Scotland while giving confidence to credit buyers and helping landowners monetise natural capital
Gallagher Re chair Paddy Jago to retire
Industry veteran to step down after 50-year career
Marsh names Addington-Smith UK chief executive
Marsh Asia president Addington-Smith succeeds Chris Lay
Rokstone launches cyber division
Aventum-owned managing general agent hires Miller’s head of cyber to lead new unit
McGill and Partners expands capacity of Auton facility
Lloyd’s-backed auto-follow facility’s maximum capacity will increase from 20% to 25%
Dale and K2 receive ‘in principle’ approval for syndicate 1954
Lloyd’s carrier and managing general agent partner on special-purpose arrangement writing property, specialty and casualty programmes
US property reinsurance quotes coming in 5% to 10% down: Acrisure Re's Piccione
US market is seeing large influx of capital, but underwriting discipline expected to remain firm, senior broking executive says
Macquarie launches London underwriting business
Longbrook Insurance will offer transaction liability and energy cover
Saudi insurance major launches Riyadh Re
Kingdom has sought to develop domestic reinsurance sector
Aon launches AI-enabled claims platform
Aon Claims Copilot seeks to improve client outcomes through advanced analytics and automation
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