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.
Price Forbes builds MEA fac capability
Brokers makes senior hires from Guy Carpenter as it responds to ‘surging demand’ in the region
Oak and Descartes partner on Lloyd’s parametric capacity
Capacity deal will allow Descartes to write climate and technology risks through Oak’s syndicate 2843
MNK to expand into specialty agricultural markets
Lloyd’s broker appoints Robert Cooper as managing director for aquaculture, livestock and bloodstock
Dando named chief broking officer for Aon’s GBC
Dando was most recently chief executive for UK and MENA at Aon’s Strategy and Technology Group and Inpoint
BMS launches Lloyd’s consortia unit
The delegated authority and consortia team will be led by Richard Wynn
Willis Re names Ogilvie global head of non-marine specialties
Both Ogilvie and Dart join Willis Re from Guy Carpenter
Banyan Risk launches healthcare liability line in Bermuda
New line will focus on complex US healthcare professional liability risks, including hospitals and allied health providers
Willis Re appoints Guy Carp’s Fletcher as Bermuda chief
Former Guy Carpenter Bermuda chief executive joins reinsurance broking joint venture
Gallagher buys majority share in Saudi broker
The broker acquired majority stake in Ace Re Gallagher Arabia
Willis Re appoints Summers global specialties CEO
Reinsurance broker continues to build-out top team with senior Guy Carpenter hire
ANV continues acquisition spree with Pennsylvania brokerage buy
Intermediary platform continues to build-out workers’ compensation expertise with purchase of Associated Specialty Insurance Agency
UIB hires Webb to lead US binder growth
Kevin Webb will build transportation-focused binder business at the Lloyd’s broker
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