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
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%
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
NuVenture launches product recall MGA
BluNiche, founded by Neil Evans, aims to use technology to streamline underwriting in the sector
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
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
Jensten Group acquires Origin UW
Origin specialises in providing commercial business solutions for SME clients with a turnover up to £50m
Beat launches environmental MGU
Investor launches specialist managing general underwriter led by Justin Crawford, the former head of environmental business at Dual
McGill hires Cousar to lead Apac fac expansion
Broker hires Aon's David Cousar to drive facultative reinsurance growth in Asia and Australia
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
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
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
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