Brokers
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Lockton integrates global financial lines businesses
Lockton has brought together its US-based Lockton Financial Services and International ProFin teams under a single, global practice. The new…
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Howden expands employee benefits unit with Barnett Waddingham acquisition
Howden has agreed to acquire UK employee benefits consultancy Barnett Waddingham in a move that will double its global employee…
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Transactional risk insurance surged 38% in 2024, says Marsh
Demand for transactional risk insurance solutions surged in 2024, according to Marsh. The broker’s 2024 Transactional Risk Insurance Year in…
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Steadfast rebrands H.W. Wood as HWS Specialty
Australian broking group Steadfast Group has rebranded H.W. Wood, its London-headquartered specialist wholesale business, as HWS Specialty. It follows the…
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Transactional risk market in Asia continues to grow says Marsh
The transactional risk market in Asia gained momentum in 2024, with increased deal volumes across all sub-regions, according to Marsh.…
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Aon and Willis boost data analytics capabilities
Aon and Willis have both boosted their data and analytics teams as the race to make the most of emerging…
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BMS completes deal for Spanish broker Rasher
BMS Group has completed the acquisition of Spanish insurance broker Rasher and its Latin American subsidiaries. Rasher specialises in surety,…
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Howden closing in on Risk Strategies acquisition, reports
Howden is reportedly close to finalising a deal to acquire Risk Strategies, a privately held US brokerage firm with more…
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New global head of energy and power at Marsh
Amy Barnes has been appointed as global head of energy & power. Based in London, Barnes succeeds and will report…
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Eric Andersen steps down as Aon president
Eric Andersen has stepped down as president of Aon, moving to the role of senior adviser to CEO Greg Case.…
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London market capacity increases for credit and political risks
In the structured credit and political risk insurance (SCPR) market in London, for both political risks and contract frustration, there…
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Arthur J. Gallagher acquires Philippines insurance broker
Arthur J. Gallagher & Co has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers (Philinsure), following a…
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Lockton Norway appoints CEO
US-based independent insurance broker Lockton has named Øyvind Larsen as CEO of Lockton Norway. It is a promotion for Larsen,…
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Signs of moderation for US commercial insurance rates in Q4 2024
US commercial insurance rates continue to trend upwards, though there were signs of moderation in the fourth quarter of 2024,…
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Aon acquires in-house insurance agency business of Mitsubishi Chemical Group
Aon has successfully completed the transaction to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG). The broker…
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Gallagher pushes back likely close of AssuredPartners deal
Arthur J. Gallagher said its proposed $13.45bn purchase of rival brokerage AssuredPartners will likely close in the second half of…
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London market construction sector sees softening rates and strong appetite
Rates are softening in the London Market construction sector as appetite remains strong and coverage continues to broaden, according to…
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Vincent Harel leaves Mercer and Marsh to become CEO of Verlingue
The Adelaïde Group has named Vincent Harel as CEO of its France-based commercial broker Verlingue. Harel will join Verlingue next…
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Miller hires Foucart from Scor as it scales-up reinsurance
Miller has appointed Vincent Foucart from Scor as managing director of reinsurance, as it rolls out a ‘scale-up’ of its…
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Miller launches M&A and strategic solutions team
Specialist (re)insurance broker Miller has launched a new M&A and strategic solutions (MASS) team based in London. The team will…