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.
Aviation hull insurers push for rate hikes amid loss activity
Global aviation insurance market under ‘heightened scrutiny’ in the wake of recent high-profile catastrophes, Peter Elson, chief executive of Gallagher Specialty’s aerospace practice, warns
Clear Group acquires London broker Commercial Risks
Broking market continues to build-out wholesale business with London broker buy
London marine hull MGA launches with BP Marsh backing
Dauntless will focus on marine hull risks, including brown water, older and distressed tonnage
Collins to step down as executive chairman of Howden
Global intermediary group prepares for leadership transition
Quality, not price, is king: WTW’s Holmes
Broker's head of placement for Europe, Middle East and Africa gives his take on market trends, alternative capital, artificial intelligence and energy independence for African nations
Aggregation risk a growing concern for sports and entertainment market
Insurers increasingly want to understand how a single illness, injury or weather event might impact an entire run, broker says
Banyan launches US wildfire property underwriter
Brian Espie and Sarah Kennedy lead Argenta syndicate-backed Red Fox Risk
Pinion names Maier US chief executive
London-based specialty insurer continues to build-out senior team
Inconsistent cyber AI endorsements ‘risk complicating the market’
Cyber market risks repeating the confusion generated by war wordings without a uniform approach, senior WTW broker warns
Climate heating swells the insurance gap
Broker warns that a hotter world is reshaping exposures, insurability and risk financing
Hive enters property D&F market
Managing general agent hires Sompo’s Richard Brown to spearhead entry into class
The Fidelis Partnership files for US IPO
Bermuda-based managing general agent to launch initial public offering on the New York Stock Exchange
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