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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.

Lloyd’s US binder growth stagnates

Syndicates grew US binders by just 1% last year to $7.5bn compared to 13% growth in premiums written by US MGAs, analysis by Conning find

United States Lloyds

Brown & Brown to take a ‘fast follow’ approach to AI

Broker’s chief executive tells MGAA conference he views artificial intelligence positively despite its potential drawbacks

North America Broker

Lockton names Leonard as CFO

Broking group hires Travis Leonard to succeed Troy Cook

North America Broker

BMS hires Rozes as group CFO

Former JLT chief financial officer Charlie Rozes joins re/insurance broker to drive growth and M&A programme

London People moves

SiriusPoint teams with up Tara Hill on E&S offering

New offering will provide capacity to Tara Hill's private management liability and miscellaneous professional liability coverage

Bermuda Reinsurance

LSM names Paul as head of European client and broker distribution

Paul joins from French loss adjusting firm Alkera, where she served as commercial and international strategy director

Europe Liberty

Ryan Specialty names McCormack as next CEO of RT Specialty

McCormack has been with Ryan Specialty since since inception in 2010 and has served as president of RT Specialty since 2016

United States Specialty

Howden enters Japanese market with reinsurance launch

Global broker is also partnering with Japanese ILS structuring firm Keystone

Asia Pacific Japan

Ryan Specialty names Turner as next chief executive

Turner to succeed Pat Ryan as CEO of broking and underwriting group

North America Broker

R&Q completes sale of Accredited

Sale of programme management business to Onex for $465m follows R&Q filing for provisional liquidation in Bermuda

Bermuda Randall & Quilter

Optio names Axa's Soni as chief executive

Executive succeeds David Robinson, who has stepped down after a year leading the managing general agent

London Specialty

Fusion Specialty expands HDI partnership into the Americas

Specialist MGA continues global expansion strategy with additional M&A insurance capacity

North America Specialty
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