IM-Accretive-RobRoth

AP-sponsored Accretive hires ECC’s Roth as wholesale head

2022-05-21T00:30:00+01:00

AssuredPartners-backed Accretive Insurance Solutions has hired Rob Roth from ECC Insurance Brokers to lead its wholesale practice.

Brian Hayes Michael Mora Michael Federer Fusion

MGA Fusion builds team to launch new online M&A solution for US SMEs

2022-05-19T14:11:00+01:00

MGA Fusion Specialty has announced the launch of Fusion Americas, a new online  M&A insurance offering for SMEs in the US, with managing partner Brian Hayes leading the project.

IM-GreatAmerican-Cincinnati_Ohio

Great American names Mulvey FCIA - trade credit and political risk divisional president

2022-05-18T20:21:00+01:00

Great American Insurance Group has promoted Michael Mulvey to divisional president within its Foreign Credit Insurance Association (FCIA) - trade credit and political risk division.

IM-PROGRAM-MANAGER-3-2022

PM panel: MGA sector growth will support surge of fronting carrier entrants

2022-05-17T22:28:00+01:00

MGA sector growth momentum and increasing demand for access to program business from capital markets investors will support the wave of fronting carriers that have entered the space in the last few years, according to panelists at the Program Manager conference.

IM-Ledger-SamirShah-PROGRAM

Ledger’s Shah: Capital markets investors don’t need fronting carrier retention

2022-05-17T22:27:00+01:00

Capital markets investors looking to access the program space are not interested in fronting carriers retaining a portion of the risk, according to Ledger Investing CEO Samir Shah.

GI and WR Berkley – Pennsylvania

Global Indemnity stock hits highest point in 2022 after WRB discloses 6% holding

2022-05-17T16:34:00+01:00

Global Indemnity’s share price ended Tuesday trading with its highest close of 2022 after investors responded positively to WR Berkley’s disclosure that it had built a close-to 6 percent holding in the Bala Cynwyd, Pennsylvania-based specialty insurer during the first quarter of this year.

R&Q ballot

R&Q pushes back shareholder vote deadline as £482mn buyout threshold tantalisingly close

2022-05-20T15:51:00+01:00

Randall & Quilter (R&Q)’s shareholder vote over its £482mn ($602mn) go-private transaction with Brickell has been adjourned until Wednesday after the deal fell short of the required 75 percent majority approval.

Aviva Azur

Aviva enters exclusive talks to acquire with Azur’s HNW unit

2022-05-20T13:43:00+01:00

Aviva has entered into exclusive negotiations with specialist London MGA Azur Underwriting to acquire its high-net-worth (HNW) personal lines business in the UK and Ireland.

R&Q calendar

High noon for controversial R&Q £482mn take-out offer

2022-05-20T07:11:59.833+01:00

Shareholders in London-listed Randall & Quilter (R&Q) will later today vote on the tabled £482mn ($602mn) go-private deal, which will see the firm sold to its largest investor if it is approved by a 75 percent majority of its shareholders.

Alera Michigan

Alera buys P&C agency West Michigan Insurance

2022-05-20T14:53:00+01:00

Alera Group has announced the acquisition of property casualty agency West Michigan Insurance, the second deal the private equity-backed broker consolidator has announced this month. 

Brian Hayes Michael Mora Michael Federer Fusion

MGA Fusion builds team to launch new online M&A solution for US SMEs

2022-05-19T14:11:00+01:00

MGA Fusion Specialty has announced the launch of Fusion Americas, a new online  M&A insurance offering for SMEs in the US, with managing partner Brian Hayes leading the project.