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.
Gallagher launches in Sweden
Launch follows the integration and rebranding of the international broker’s three owned Swedish businesses: Brim, Nordic and Proinova
Pen Underwriting plans IP push with Alsegard hire
MGA hires Gallagher director to develop a portfolio of intellectual property insurance products
BMS names Tigleanu head of cyber strategy
Broker hires senior underwriter from Munich Re to spearhead development of new products
MGA Nirvana targets 'hundreds of millions' in premiums
The newly independent specialty managing general agent is looking to expand beyond its core product lines through new hires and mergers and acquisitions, its founders tell Insurance Day
Convex backs air mobility MGA Skyrisks
Soon-to-be launched MGA will be led by former AGCS aviation underwriter Alistair Blundy
Tysers names Moore director for energy
Moore will be responsible for the Lloyd’s broker’s expansion into the energy sector
Acrisure Re expands London fac team with D’Arcy hire
Broker hires Ed’s Jennifer D’Arcy to lead its facultative reinsurance strategy for North America and marine business
Marsh names Stephens US central zone leader
Chicago-based executive will oversee client initiatives, new business and talent development at global broker’s 18 central US offices
Howden Tiger appoints Ruff as head of legacy
Reinsurance broking arm of Howden Group brings legacy and investment banking divisions under common management
European insurance M&A hits record level in 2022
Strong investor appetite, particularly for insurance broking assets, drives transactions last year, but deal volumes fall in the UK and Ireland, new analysis finds
Nirvana appoints Mannsdorfer to lead European growth
Former Sompo International executive will lead the development of a W&I portfolio focused on small to medium-sized deals
Navitas secures trade credit capacity deal
US managing general agent agrees capacity deal with Crum & Forster and Great American Insurance
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