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.
Focus: Enhanced management of data is critical to MGA value proposition
MGAs that are able to break down data silos and mobilise technology to deliver a differentiated broker and customer service will be the ones to prosper
ID Comment: Technology and smart underwriting key to MGA success
With the right elements, MGAs can extract value where other players would struggle to succeed, industry experts say
California wildfire MGA raises $5.3m in seed funding
IA Capital-backed Delos plans further expansion within the California homeowners' market
Xenia makes seventh acquisition
Credit insurance broker acquires Northampton-based firm Peter Hill
Gallagher completes $4bn Willis Re acquisition
Gallagher takes its place as a top-three global reinsurance broker
Howden expands Asia presence with Expat Marine acquisition
Global broker targets high net-worth client growth
Lockton hires Lowe as New Zealand chief
Executive joins from Willis Towers Watson
Aon launches Saudi Arabian reinsurance broker
Launch comes as the Saudi insurance market is undergoing structural change
Latest Brokers Updates
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