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.
Aon reports 6% corporate risk growth
Commercial Risk Solutions division books fourth-quarter revenue of $2.19bn
CFC promotes Burns to global head of cyber
Specialist underwriting firm unifies global underwriting and cyber security offerings
Results round-up: Hartford and Gallagher
Latest results from across the market
Marsh books 8% underlying growth in Q4
Guy Carpenter posts underlying growth of 7% in final three months of the year
CFC launches cyber physical damage bolt-on
Specialist underwriter says the cyber insurance market needs to provide meaningful capacity for physical events
Results round-up: Brown & Brown and WR Berkley
Latest results from across the market
UIB promotes Ambrozewski to aviation MD
Lloyd's broker makes appointment following departure of Miles Taffs
North American insurance agency mergers fall in 2024
Mergers and acquisitions among brokers and agencies slowed 10% in 2024, analysis from Optis Partners finds
Pen Underwriting deepens capacity partnership with QBE
MGA renews multi-class capacity partnership with £420m deal
Global insured catastrophe losses reach $154bn in 2024
Re/insurers have seen average annual insured catastrophe losses of $146bn since 2017, broker says
PPL launches express renewal functionality
New functionality simplifies risk renewals for brokers with faster processing, automatic data updates and improved navigation
Liiba to quantify broker’s contribution to global GDP
Trade association seeks to counter view that brokers are an 'unnecessary surcharge’ on insurance placements as body unveils 2025 agenda
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