AP-sponsored Accretive hires ECC’s Roth as wholesale head
AssuredPartners-backed Accretive Insurance Solutions has hired Rob Roth from ECC Insurance Brokers to lead its wholesale practice.
MGA Fusion builds team to launch new online M&A solution for US SMEs
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.
Great American names Mulvey FCIA - trade credit and political risk divisional president
Great American Insurance Group has promoted Michael Mulvey to divisional president within its Foreign Credit Insurance Association (FCIA) - trade credit and political risk division.
PM panel: MGA sector growth will support surge of fronting carrier entrants
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.
Ledger’s Shah: Capital markets investors don’t need fronting carrier retention
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.
Global Indemnity stock hits highest point in 2022 after WRB discloses 6% holding
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 pushes back shareholder vote deadline as £482mn buyout threshold tantalisingly close
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 enters exclusive talks to acquire with Azur’s HNW unit
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.
High noon for controversial R&Q £482mn take-out offer
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 buys P&C agency West Michigan Insurance
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.
MGA Fusion builds team to launch new online M&A solution for US SMEs
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.