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.
Renewable energy needs cyber insurers
Renewable energy plants bring a new set of challenges and opportunities for underwriters, Gallagher’s head of cyber risk management and director of renewable energy argue
United Risk buys Australian reinsurance MGA Pinnacle
US firm expands global market presence with acquisition of Sydney-based specialty reinsurance managing general agent
SiriusPoint expands DUPI Nordics partnership into continental Europe
Bermuda-based carrier extends partnership with Stockholm-based marine MGA
Pen Underwriting names Lawson head of digital e-trade
Executive will be responsible for managing and coordinating digital growth initiatives across MGA’s multi-class, multi-territory underwriting and distribution operations
Gallagher launches transactional risks practice in Europe
The new practice has also hired Henk Bijl as senior broker
BP Marsh invests in London-based property MGA
Insurance-focused investment firm acquires a 27% stake in Cameron Specialty
McGill launches cyber cover for battery energy storage systems
New policy offers battery energy storage systems dedicated cyber protection, including physical damage and regulatory compliance cover
Lockton full-year revenue hits $4bn
Independent broker books revenues of $4bn for the year ended April 30, 2025, amid continued 'double-digit' organic growth
Marsh launches €1bn data centre construction facility
London market-backed Nimbus facility brings together traditional construction all-risks insurance with protection for delay in start-up, property damage and business interruption
CFC hires Markel’s Line as CUO
Specialist MGA appoints long-standing Markel International executive to oversee underwriting across the group
Volante strengthens board with Lloyd’s veteran
International underwriting group appoints Peter Montanaro as non-executive director
Brown & Brown launches $4bn share offering
Proceeds will be used to fund Florida-based broker's $9.8bn acquisition of Accession Risk Management
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