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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.

Marsh reports 8% underlying growth in Q1

Corporate broking arm of Marsh McLennan booked revenues of $3bn in the first quarter, with growth in all geographic segments

North America International

Optio appoints Goodhew as non-exec

Former Aspen executive joins board of specialty managing general agent 

London Specialty

Dual acquires Swiss Re’s Genoa-based marine team

Managing general agent expands its European marine business, adding to operations in Italy and the Netherland 

Europe Swiss Re

CFC acquires Australian financial lines MGA

Acquisition of Solution Underwriting will expand specialist MGA's footprint in Australia to five offices

Australia Mergers and Acquisitions

Howden launches Red Sea cargo war facility

The facility offers up to $50m of cover against drone and missile strikes from Yemini-based militia groups

International Specialty

Pike to launch credit risk underwriter with Beat backing

Former Canopius global head of credit and political risk, Stephen Pike, set to launch technology-enabled underwriting business Convergence

London Specialty

RT Specialty names Murrey head of commercial binding authority

Executive will oversee more than 130 specialised underwriting teams across 70 offices in the US

United States Specialty

FloodFlash launches parametric business interruption cover

New product uses the same technology-enabled solutions as MGA’s flood insurance product

United States Distribution

McGill hires two partners for US property division

Re/insurance broker expands US property team with two senior Aon hires

United States Property

Victor hires McDougald to lead US operation

MGU hires Marsh veteran to drive US expansion

United States Specialty

Insurers essential to voluntary carbon market: CFC

By de-risking certain aspects of carbon forward contracts, the managing general agent hopes to accelerate trading

International Specialty

Pantheon names Green chairman

Former Besso chairman to join BP Marsh-backed broker

London Specialty
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