All Broking articles
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NewsWillis exploring potential Miller sale
Willis Towers Watson has confirmed it is looking at options for London wholesale broker Miller Insurance Services, which it acquired in 2015.
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News
Ardonagh buys Bennetts Motorcycling Services for £26mn
Ardonagh subsidiary Atlanta Investment Holdings has exchanged contracts with Saga Services Ltd to buy Bennetts Motorcycling Services Ltd (Bennetts) for an enterprise value of £26mn ($33.9mn).
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News
NFP hires Lennox and Morgenstein from newly launched CAC Specialty
NFP has continued its recent spate of hires on the US west coast with the arrival of Andrew Lennox and Art Morgenstein from newly-launched rival CAC Specialty, The Insurer can reveal.
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News
Alliant appoints public entity practice leader from Aon
Carleen Patterson has joined Alliant as first vice president, practice leader within the public entity group after spending almost 21 years at Aon.
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News
Acrisure realigns management for next phase of growth
Acrisure has realigned executive responsibilities as part of a repositioning for its next phase of development that will also see a focus on removing costs from the insurance transaction and the pursuit of joint ventures and investment opportunities, The Insurer can reveal.
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News
Gallagher names Turner Specialty CEO as Thompson shifts to BD role
Gallagher has named Pen Underwriting’s Jonathan Turner as CEO of its UK-based Specialty business with current CEO, John Thompson, taking up a new role as head of business development for the division.
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News
Besso names Merry head of reinsurance division
London-headquartered Besso has named David Merry as head of Besso Re, the Lloyd’s broker’s reinsurance division which has relaunched with a focus on facultative reinsurance.
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News
HW International continues growth with Loring arrival
HW International (HWI) has continued on its recent expansion push by adding to its capabilities in the political violence, terrorism and cyber insurance markets with the hire of Paul Loring.
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News
Miller bolsters fac team with Aon’s Lazarus
Broking house Miller has hired Michael Lazarus as it looks to build out its facultative reinsurance business.
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News
BGC: brokerages “worth materially more than our investment”
BGC Partners – parent of Ed and Besso – has stressed it is working “hand in glove” with the management of its insurance brokerage business while revealing it is “actively considering ways to better express its value”.
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News
Former Marsh LatAm finpro head establishing new broker
The former head of Marsh FinPro FI for Latin America is launching a new London-based broker called Amthor Risk Partners which is targeting business from the region.
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News
Risk Strategies buys aviation broker Transport Risk
Privately-held broker Risk Strategies has acquired Colorado-based aviation specialist Transport Risk Management.
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News
Aon buys cyber security firm Cytelligence
Aon has acquired Canadian cyber security firm Cytelligence, which has expertise in incident response and digital forensics services.
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Opinion
Brokers toil on the mean streets of market change
The momentum of broad price increases that have taken hold in the commercial insurance market has inevitably been a dominant theme in the fourth quarter earnings season.
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Analysis
Acrisure led record North America agent/broker M&A in 2019
The number of North America agent and broker mergers and acquisitions increased to its highest annual total in 2019 with 649 transactions – up from 643 in 2018 and 611 in 2017 – according to figures from Optis Partners.
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News
CAC Specialty continues build out with CFO and M&A additions
CAC Specialty has continued its buildout with the appointment of former Deutsche Bank executive Chris Trotter as chief financial officer and further additions to its M A solutions specialty team.
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News
Beazley broker platform goes live in APAC
Blue-chip insurer Beazley has extended its electronic trading platform to the Asia Pacific region, allowing brokers in Hong Kong and Singapore to place cyber and management liability risks.
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News
PE house Searchlight Capital Partners to take over GRP
UK broker consolidator Global Risk Partners (GRP) has agreed terms with private equity house Searchlight Capital Partners.
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Analysis
Aon takes reinsurance revenue top spot despite GC-JLT Re combo
Aon’s Reinsurance Solutions arm has taken the top position as measured by revenues from its rival Guy Carpenter based on 2019 financials, analysis by The Insurer reveals.
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News
ILS renewals and fac drove Aon’s Q4 reinsurance growth: Andersen
Aon CEO Greg Case has commented the pricing impact was “evident but not material” to the broking giant’s impressive organic growth, while co-president Eric Andersen revealed ILS and facultative business drove its 17 percent Q4 reinsurance organic growth.
