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.
Aon accelerates corporate broking growth in Q2
Acquisition of broker NFP supports 6% organic growth in broking giant’s Corporate Risk Solutions business
Gallagher posts 7.7% organic growth in Q2
Broker reports net earnings up 21% to $283m in second quarter of the year
WTW risk and broking growth accelerates in Q2
Global broker’s insurance broking and consulting division reports 10% organic growth in the second quarter of the year, driven by its corporate broking arm
Aon promotes Moore to Bermuda CEO
Executive succeeds Joe Rego, who becomes chairman of the business
Optio to acquire specialty Dutch MGA
Acquisition marks a 'significant milestone' in managing general agent's European expansion strategy
Carbon approved for new Lloyd's syndicate
Asta-managed syndicate 5757 will solely focus on US programme business
Banyan teams up with PartnerRe on excess casualty launch
Specialist managing general agent launches new unit led by Markel executive Alan Rodrigues
Marsh organic growth slows to 7% in Q2
Corporate broker's underlying growth slows in US and international operations, as Guy Carpenter's underlying growth accelerates to 11%
US intermediary mergers fall 22% in first half
Private equity firms continue to drive the majority of transactions
WTW expands international casualty practice
Global broker makes three senior hires from Marsh, Aon and Beazley to London-based team
Artex launches protected cell company in Vermont
Protected cell structure can be used as an initial step in forming a single-parent captive
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
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