Gallagher takes minority stake in Czech broker Renomia
Gallagher has purchased a minority stake in Czech-domiciled insurance broker Renomia for an undisclosed sum.
Willis launches middle market general industry panel
Willis Towers Watson North America has confirmed the launch of a new general industry (GI) panel as part of its Differentiated Broking Solutions (DBS) strategy for middle market clients in a move first revealed by The Insurer earlier this year.
PI ruling reveals 50 Lockton customers moved their business to Alliant
In a 56-page opinion granting Lockton a preliminary injunction against Alliant in the ongoing dispute over mass defections earlier this year, Delaware vice chancellor Travis Laster wrote the former employees’ solicitation efforts “have had a massive effect on Lockton”.
Brokers downplay insurtech impact over next five years
Insurtech experts at Aon and Willis Towers Watson report that new insurance technologies have led to improvements but have not shifted overall delivery costs, with the next five years only likely to bring more incremental change.
Insurers face fines under government plans to tackle dual pricing
UK insurers could face heavy fines under government plans to give the Competition & Markets Authority (CMA) new powers to bypass the courts and fine firms that are found to exploit customer loyalty.
McGriff streamlines wholesalers with new strategic partner panel
The recently combined retail brokerage operations of BB&T Insurance have signed up six wholesale brokers to a panel of “strategic partners” who will be plugged in to the firm’s new data and analytics platform, The Insurer can reveal.
Hudson joins reinsurance broker Atlantic Intermediaries
Former RFIB Americas executive Simon Hudson has reemerged at boutique reinsurance broker Atlantic Intermediaries, The Insurer can reveal.
Beach hires casualty and comp exec Fields
Reinsurance intermediary Beach & Associates has hired former JLT Re executive Scott Fields as senior vice president in its Burlington, North Carolina office, The Insurer can reveal.
Brcerevic appointed head of Aon's Carrier Solutions Group
Aon has named Sasa Brcerevic as head of its MGA-focused Carrier Solutions Group, The Insurer can reveal.
WTW insurtech Innovisk launches M&A MGA
Willis Towers Watson-backed Innovisk Capital Partners has launched Themis, a London-based MGA that will underwrite merger and acquisition (M&A) insurance policies.
Unicorn expands property offering with Edwards hire
AmWINS’ London-based MGA Unicorn Underwriting has hired Matt Edwards as lead underwriter, property specialty as it seeks to expand its offering in the space.
Ethos looks to secure lead London GL capacity and eyes M&A
Ethos Specialty Underwriting Services is close to launching its general liability offering with capacity from London and is actively seeking M&A to build out its MGU platform, The Insurer can reveal.