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.
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
How brokers and MGAs are redefining their role
At Biba 2025, it was clear brokers and managing general agents are moving beyond merely reacting to market conditions. Instead, they are seeking to reshape their role through smarter structures, improved tools, and greater control over capacity
Brown & Brown inks $9.8bn deal for broking group Accession
Florida-based broker agrees acquisition of ninth-largest privately held insurance broker in the US in a deal that will provide ‘enhanced scale, capabilities and market access’
European MGA market hits €18bn in 2024 as growth outpaces US
Managing general agents in Europe booked compound annual growth of 23% last year, supported by new technology, Howden Re report finds
BP Marsh full-year NAV surges 42% to £326m
Insurance-focused investment firm reports pre-tax profit more than doubled to £104.7m for the last financial year
Howden acquires Peruvian reinsurance broker
Innova Re specialises in commercial lines including property, aviation and civil liability
Ryan Specialty launches unified global renewables division
Managing general underwriter to combine renewable energy MGUs, PERse Americas and PERse International, with recently acquired Albus
Ryan Specialty strikes deal for surplus lines broker JM Wilson
Michigan-based firm offers a variety of products, including personal lines, surety and transportation
Guy Carpenter names Everest’s Maritzen as senior client executive
Reinsurance broker also names Mago as head of cyber ILS for North America
Rokstone taps QBE’s Chandran to lead Apac marine business
Specialty MGA hires marine market veteran to drive Asia expansion
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