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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.

Brown & Brown to acquire Occam Underwriting

US broking group strikes deal for London-based specialist managing general agent

London Specialty

Miller establishes Apac treaty reinsurance team

Broker hires Lockton Re executive Richard Broad to support reinsurance expansion across the region

Asia Pacific Reinsurance

Gallagher to acquire Eastern Insurance for $510m

Acquisitive broker strikes deal for third-largest US bank-affiliated insurance intermediary

United States Broker

SiriusPoint forms partnership with Swedish marine MGA

Partnership with Nordic Marine Insurance will initially focus on writing hull and machinery, yacht owners’ charter cancellation and marine delay business

Sweden Europe

Hub closes minority investment from Leonard Green

Chicago-based broking firm valued at $23bn

North America Broker

RT Specialty promotes Mitchell to president of workers' comp

Mitchell has served as RT Specialty executive vice-president for three years

United States Casualty

Miller launches leasing practice in Europe

Broker hires Aon’s Castanier to develop new offering as part of European expansion

Europe Specialty

Lockton Re launches mortgage and credit segment

Practice will be co-led by Sean Hannah and Joe Koebele

Specialty International

Pro MGA sees 2024 as year of territorial expansion

Independent MGA incubator and programme platform now has $1bn of gross written premium under management

Monte Carlo International

ReFlex set to invest in London broker

Venture aims to ‘redefine’ the distribution infrastructure from US and international markets into London

Bermuda London

KKR invests another $1bn in USI Insurance Services

Investment giant becomes largest shareholder in US broking firm

North America Broker

Connect Underwriting launches casualty and cyber MGA

Launch of Stability Risk will allow Connect to focus on core business

London Lloyds
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