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.
Howden launches US trucking practice
Broker continues build-out of US retail platform
UIB names Waller head of marine
David Waller succeeds Andrew Little as managing director of Lloyd’s broker’s marine division
Bridgehaven appoints Marry European CEO
Insurer hires USAA senior executive Marry to lead European expansion
Tysers names Cooper director of marine and aviation
Executive joins Lloyd’s broker from Consilium
Pine Walk launches capital solutions business Mezura Capital
Bermuda-based venture will provide structured and retrospective solutions
Bringing brokered small business risks into the London market: Acrisure’s Quy
Acrisure London Wholesale managing director Tom Quy discusses the roll-out of the broker’s Connect platform to bring small and medium sized accounts into London
Bridgehaven expands into Europe with Arrow partnership
Partnership marks the insurer’s first step into the European delegated underwriting market
Acrisure completes acquisition of property MGA Vave
Deal adds Vave to Acrisure Underwriting’s platform of 12 MGAs operating in the US insurance market
Optio acquires marine MGA Gardian Marine
Acquisition aims to address gaps in the marine specialty market and broaden Optio’s specialisms
Mission Underwriters launches Latin America platform
Miami-based operation will develop specialised facultative reinsurance programmes, initially targeting property, financial lines and specialty segments
Euna expands PI cover to London market
Managing general agent says move will spur innovation and supported development of more sophisticated products
Market ‘only scratching the surface’ of parametric potential
The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say
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