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.
M&A insurance markets to remain strong in 2025
Buyers’ market prevails after price declines across regions, according to BMS
Optio acquires professional indemnity MGA Custodian
MGA looks to strengthen existing professional indemnity offering with latest deal
QRG launches European operation
Lloyd’s broker hires veteran marine specialist Ted Zaimis as director for Greece
Ferma CEO Beaupérin set to join Marsh
Beaupérin will join the broker at the end of June as its client leader of risk management for Europe
Fidelis Partnership hires Axa XL’s Welton as head of specialty
Bermuda-based managing general underwriter adds Axa XL’s UK and Lloyd’s chief underwriting officer to senior team
WTW adds international property facility to Neuron
Facility’s transition to broker’s digital trading platform coincides with its May 1 renewal
Gallagher strengthens Türkiye presence with Aspera acquisition
Acquisition marks further investment by Gallagher in country that is becoming strategic insurance hub between Asia and Europe
Aon names DiLorenzo head of US casualty reinsurance
Global broker promotes head of US excess and umbrella
Gallagher promotes Picton to head of energy transition
New team will offer tailored risk management and insurance guidance to clients navigating the energy transition
Results round-up: Fairfax Financial and Gallagher
Latest results from across the market
Distinguished Programs launches commercial surety unit
US programme administrator appoints Intact’s Miguel Ferreira and Brian Peters to lead new commercial surety business
Aon expands marine expertise with Atlas acquisition
Global broker acquires Israeli marine and cargo specialist Atlas Insurance Agency
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