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Brokers & Distribution

Brokers provide a vital cog in the global specialty re/insurance marketplace, with their role continuingly evolving beyond a mechanism simply to place business. The advisory services provided by brokers now form a critical part of their value offering. The broking landscape is also shifting with major merger and acquisition activity creating opportunities for growing firms to expand in core markets and attract staff who have been displaced in the fallout from major deals.

Westwick appointed special projects director at iRevolution

He will be responsible for helping to grow business across the broking group

United Kingdom Broker

Ryan Specialty's income rises 10.6% on organic growth of 22.3%

Operating income for the quarter comes to $105.5m, up 14.4%

United States Broker

BluNiche eyes ‘untapped business’ in recall insurance market

Founder Neil Evans - former class underwriter at Talbot - says self-insurance is his biggest competitor, while many manufacturers believe they already have cover 

London Lloyds

NuVenture launches product recall MGA

BluNiche, founded by Neil Evans, aims to use technology to streamline underwriting in the sector

London Specialty

UIB targets LatAm with property hires

International re/insurance broker hires Lockton’s Angel Martinez Roig and Consilium Re’s Deborah Martinez Ojeda to tap into ‘major growth potential’ of Latin America

London South America

IGI moves to acquire Norwegian energy MGA

Bermuda-based IGI has signed a non-binding letter of intent to buy the entire share capital of Energy Insurance Oslo  

Norway Energy

Jensten Group acquires Origin UW

Origin specialises in providing commercial business solutions for SME clients with a turnover up to £50m

United Kingdom Mergers and Acquisitions

Beat launches environmental MGU

Investor launches specialist managing general underwriter led by Justin Crawford, the former head of environmental business at Dual

North America Distribution

McGill hires Cousar to lead Apac fac expansion

Broker hires Aon's David Cousar to drive facultative reinsurance growth in Asia and Australia 

Asia Pacific Reinsurance

WTW revenue growth 'to accelerate' on the back of hiring spree: Hess

Global broker maintained high level of hiring in the second quarter and reports organic growth of 3% in risk and broking division, supported by new business in global lines

North America Willis Towers Watson

WTW books 3% organic growth in risk and broking arm

New business in aerospace, natural resources and financial and executive risks boosts corporate broking growth as firm continues ‘accelerated hiring’ in second quarter

North America Willis Towers Watson

Brown & Brown beats forecast on organic revenue growth of 10.3%

The US broking group saw its second-quarter net earnings rise 4.2% to $145.2m

United States Broker
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