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.
Arrow names Bertagna CEO of MGA Solutions
In his new role, Enrico Bertagna will oversee the development of Arrow’s MGA partnerships
Canopius launches cyber-triggered spoilage cover
New product aims to protect businesses when cyber incidents leave perishable stock unsellable
Rethinking growth in a softening market
Softening market conditions can create opportunities for insurers to leverage growth opportunities through MGAs, consortia and reinsurance structures
European MGAs look to AI to support growth ambitions
At last week’s MGA Rendezvous in Barcelona, the delegated authority market discussed growth opportunities in Europe and the opportunities created by AI
Marine underwriters 'must keep pace with the change'
Underwriters willing to adapt to technological and geopolitical change will be better positioned when pricing eventually catches up with risk, Adrian Scott, Geo Underwriting's head of marine and leisure, says
Markel and Willis launch nuclear insurance facility
London market facility provides property damage and business interruption cover across the lifecycle of nuclear projects
CFC appoints Howard chairman
Former Truist chairman and chief executive Howard will support underwriting firm’s US expansion plans
Fidelis partners with Howden to automate broker submissions
Broker Connect capability seeks to significantly enhance the speed and quality of information flows between brokers and underwriters
Aon launches digital platform for London follow business
Broker’s Digital Placement Exchange will use data and algorithmic trading to match risk with capital
MDS names Larrondo global director for marine
Larrondo will be responsible for leading the international development of the broker’s marine business
AI-powered broker Novella raises $21m to drive expansion
US-based excess and surplus lines broker plans to expand staff and regional footprint and improve AI systems
Dual Europe targets geographic and product expansion
Diversification and innovation key for growth, managing general agent’s chief executive says
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