Broking

Tysers bolsters credit and political risks team with Gallagher’s Day-Robinson

Tysers has appointed Gallagher’s Will Day-Robinson as a director in its credit and political risks team.

Miller continues marine expansion with Reuben appointment

Miller has continued the expansion of its marine team with the appointment of Pene Reuben as a senior client executive in its marine liability reinsurance team.

Biba launches guidelines to help inform members’ ESG policy

The British Insurance Brokers’ Association has unveiled new ESG guidelines for its members, in collaboration with law firm Weightmans, at its annual conference today in Manchester.

Biba CEO: UK brokers are now “growing their own” talent

Talent recruitment and retention will form a topical focus of this year’s annual British Insurance Brokers’ Association conference as the sector considers ways of attracting people into a broking career, according to CEO Steve White.

BRP increases organic revenue growth YoY to 23% in Q1

Florida-based broker BRP Group has reported organic revenue growth of 23 percent for the first quarter, which was up from the 16 percent in the same period last year but down from the 26 percent in Q4 2022.

Gallagher pays $281mn cash for 10 acquisitions in Q1 led by $86mn First Ireland deal

Expansive broking giant Arthur J Gallagher continued its acquisitive streak in the first quarter with 10 deals completed for $280.5mn cash, with a total recorded purchase price of $340.2mn including booked earn-outs of $44.0mn that could rise to $62.7mn.

Alliant acquires oil and gas insurance agency McAnally Wilkins

Alliant Insurance Services has acquired Texas-based McAnally Wilkins, a provider of property and casualty insurance solutions for the oil and gas service industry.

Hub strengthens FI capabilities with Red Rock Financial acquisition

Hub International Limited has acquired the assets of Red Rock Financial, which has been providing specialty insurance products and services to financial institutions nationwide since 2004.

Brown & Brown acquires Georgia-based agriculture specialist Brownlee Agency

Brown & Brown has acquired substantially all of the assets of Brownlee Agency, which offers property casualty insurance products and services to customers throughout Georgia.

Howden Tiger continues fac hires with Inigo’s Warne

Howden Tiger Fac has continued its expansion with the addition of Sandy Warne to head up its terrorism and political violence division.

Marsh’s marine hull SVP Bright heads to Miller

Miller has swooped on Marsh for senior marine producer Lee Bright as it builds out its hull team, The Insurer can reveal.

Marsh close to signing up more Lloyd’s capacity to Ldn Fast Track facility as first risks bind

The new Fast Track facility put together by Marsh is expected to add further Lloyd’s participation to QBE’s 5 percent line and has already bound a number of risks as the firm’s producers market the cross-class offering to clients who will benefit from a 2.5 point discount for using the cornerstone capacity on placements.

Ryan Specialty’s Turner: “No letup” in “very strong” E&S market

Ryan Specialty president Tim Turner told analysts on Thursday that despite a number of headwinds he termed as “outliers”, the overall wholesale market is “very strong” with “no letup whatsoever” in the flow of business into the E&S channel.

Gallagher acquires agency Leavitt Insurance Services of Los Angeles

Arthur J Gallagher has acquired Woodland Hills, California-based Leavitt Insurance Services of Los Angeles, which was part of the Leavitt Group.

Ryan Specialty organic rev growth accelerates to 12.9% in Q1

Organic revenue growth at Ryan Specialty accelerated to 12.9 percent in the first quarter - ahead of the 10.3 percent it reported in Q4 2022 - but down from 20.1 percent it reported in the same period last year.

BMS promotes Wheeler to president of BMS Re

BMS Re has promoted company veteran Andrew Wheeler to president.

Lockton elevates five leaders under new global structure

Lockton has elevated five of its leaders – Byron Clymer, Troy Cook, Julie Gibson, Trey Humphrey and Martyn Worsley – into new roles in a move intended to support “rapid global growth”.

Epic promotes Geary to leader of Lemme professional services unit

Epic Insurance Brokers & Consultants has elevated Kelly Geary to division leader of Lemme, a professional services division of the broker.

McGill and Partners appoints Dominic Mignon as group CFO

McGill and Partners has appointed Dominic Mignon as group CFO to replace Oliver Corbett.

Aon takes integrated approach by aligning capabilities around risk and human capital needs of clients

Aon has named Andy Marcell as CEO of risk capital, overseeing commercial risk and reinsurance, with Lambros Lambrou also moving to the new position of CEO of human capital as the firm looks to better align itself with client needs in those two key areas and bring a more integrated approach to delivering its capabilities.

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