Gallagher has purchased a minority stake in Czech-domiciled insurance broker Renomia for an undisclosed sum.
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.
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”.
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.
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.
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.
Former RFIB Americas executive Simon Hudson has reemerged at boutique reinsurance broker Atlantic Intermediaries, The Insurer can reveal.
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.
Willis Towers Watson-backed Innovisk Capital Partners has launched Themis, a London-based MGA that will underwrite merger and acquisition (M&A) insurance policies.
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 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.