WR Berkley Breckenridge

Waller Helms appointed for potential Breckenridge sale

2022-12-09T16:57:46.497+00:00

WR Berkley is looking to divest of its $200mn-plus premium MGA platform Breckenridge Group and has appointed investment bank Waller Helms to run a process that could lead to a potential full sale, The Insurer can reveal.

Moody's

Moody’s forecasts mid-single digits organic growth for US-listed brokers in 2023

2022-12-09T19:54:00+00:00

US-listed investment grade brokers will produce organic revenue growth in the mid-single digits in 2023 while profit margins will hold steady or expand for most and companies will be increasingly selective in their acquisitions, Moody’s has forecast in a new report.

Fusion io.insure

MGA Fusion and io.insure launch online M&A solution for SMEs

2022-12-08T17:17:00+00:00

Specialist MGA Fusion Specialty and insurance purchasing platform io.insure have come together to launch an online M&A insurance product for small to mid-sized businesses, in a move the firms say will address the significant risk protection gap in the SME market.

Jane Kielty – BIBA

Biba names Aon’s Kielty as deputy chair

2022-12-08T12:02:00+00:00

The British Insurance Brokers’ Association (Biba) has named Jane Kielty, chief commercial officer at Aon, as its next deputy chair.

IM-Odie

Pet insurtech Odie raises $3mn in RedBird-led round

2022-12-06T15:02:00+00:00

Odie Pet Insurance, an MGA that distributes pet insurance plans underwritten by Clear Blue Insurance Group, has closed a $3mn round of funding.

Jamil R. Elbahou – Connect UW

Connect UW launches Pixel Re to fill capacity gap for $500mn+ property and downstream energy layers

2022-12-05T09:47:00+00:00

London-based MGA Connect Underwriting has launched Pixel Re, a new monoline reinsurance vehicle to provide dedicated capacity for property and downstream energy risks.

Jane Kielty – BIBA

Biba names Aon’s Kielty as deputy chair

2022-12-08T12:02:00+00:00

The British Insurance Brokers’ Association (Biba) has named Jane Kielty, chief commercial officer at Aon, as its next deputy chair.

IM-WTW-Marsch-JamesSallada

WTW hires Marsh veteran Sallada as head of NA casualty

2022-12-01T20:46:00+00:00

WTW has recruited long serving Marsh executive James Sallada to serve as its new head of casualty in North America, The Insurer can reveal.

IM-WORLD-QBE-TomFitzgerald

Fitzgerald set for WIA leadership role after QBE exit

2022-12-01T19:58:00+00:00

QBE North America’s president of commercial insurance Tom Fitzgerald is leaving the carrier with sources linking the executive with a move to head up retail operations at fast-growing World Insurance Associates (WIA), The Insurer can reveal.

WR Berkley Breckenridge

Waller Helms appointed for potential Breckenridge sale

2022-12-09T16:57:46.497+00:00

WR Berkley is looking to divest of its $200mn-plus premium MGA platform Breckenridge Group and has appointed investment bank Waller Helms to run a process that could lead to a potential full sale, The Insurer can reveal.

Fusion io.insure

MGA Fusion and io.insure launch online M&A solution for SMEs

2022-12-08T17:17:00+00:00

Specialist MGA Fusion Specialty and insurance purchasing platform io.insure have come together to launch an online M&A insurance product for small to mid-sized businesses, in a move the firms say will address the significant risk protection gap in the SME market.

IM-Odie

Pet insurtech Odie raises $3mn in RedBird-led round

2022-12-06T15:02:00+00:00

Odie Pet Insurance, an MGA that distributes pet insurance plans underwritten by Clear Blue Insurance Group, has closed a $3mn round of funding.