Brokers
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Miller completes Bruzon acquisition in Spain
Miller has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros, following the receipt of…
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McGriff deal adds revenue and talent to Marsh McLennan
Marsh & McLennan’s proposed $7.75bn cash acquisition of McGriff Insurance Services, an affiliate of TIH Insurance Holdings LLC, would make…
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Gallagher settles cyber breach suit for $21m
A federal court has granted preliminary approval for a $21m settlement in a class-action case against Arthur J Gallagher over…
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Wholesale broking operation launched by Acrisure in Bermuda
Acrisure has launched a new operation in Hamilton, Bermuda focusing on wholesale insurance broking. The broker said the new capability…
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PSC shareholders approve acquisition by Ardonagh
The A$2.3b acquisition of Australia-based broker PSC Insurance Group by the Ardonagh Group has received approval from PSC shareholders, and…
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McGill and Partners expands into the Nordics with WTW hires
Broker McGill and Partners is expanding into the Nordics with a new branch office in Sweden. Initial hires will include…
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BIBA leads call to remove larger SMEs from scope of consumer rules
Brokers have told the UK regulator that larger commercial customers should be excluded from the scope of the Consumer Duty,…
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PIB Group acquires two more Italian brokers
Specialty broker PIB Group has acquired two Italian firms in line with its ambitions to expand in Europe. Construction sector…
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Aon appoints global chief claims officer
Aon has named Mona Barnes as global chief claims officer, where she will report to CEO of Commercial Risk Joe…
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Howden reveals ‘big leap forward’ in Japan
London-based global broker Howden has announced its launch into the Japanese retail insurance broking and captive consulting and management markets with…
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MRH Trowe acquires travel insurance broker
German broker MRH Trowe has acquired TAS Touristik Assekuranz-Service to expand further into the travel industry insurance business. The acquisition…
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Ellis leaving AIG to rejoin Marsh in US real estate role
Property insurance executive Duncan Ellis, who left Marsh to join AIG several years ago, will rejoin the broker on 24…
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Miller appoints Andrew Gordon to marine team
Andrew Gordon has been appointed to the marine team of Miller. The broker said Gordon’s arrival is another important step…
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UK brokers lobby for cyber tax exemption and lower IPT rate
UK brokers have called on the government to exempt cyber insurance products from paying tax, which they say will boost…
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Marsh names US financial institutions leader
Marsh has named Jacqueline Quintal as financial institutions and digital asset industry practice leader for the US and Canada. Quintal…
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Fall in Q2 US commercial property rate increases: WTW
US commercial insurance rates increases slowed to 5.9% throughout the second quarter of 2024, largely driven by a significant reduction…
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BIBA and MGA Association team up to tackle market issues
Two UK associations representing brokers and MGAs said they will collaborate on key market issues for their members after become…
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Positive outlook for insurance buyers in Australia, says Marsh
The general outlook for insurance buyers in Australia is positive according to Marsh, with the return of market competition from…
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Capacity boost for global construction insurance market
The global construction insurance market is experiencing a notable increase in capacity levels in most regions and most commercial lines…
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Aon to use ICEYE’s US flood and wildfire data to enhance event response
Aon is to incorporate ICEYE’s near real-time US flood and wildfire data into its event response capabilities for reinsurance clients,…