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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.

Optio acquires Italian MGA

Acquisition of Heca is latest step in Optio’s European expansion strategy

Europe Italy

Amwins launches flood programme for Californian municipalities

US wholesaler partners with insurtech Floodbase on programme to address uninsured losses stemming from atmospheric river flooding

United States Property

Power market shifts as pricing becomes competitive: WTW

Pricing is expected to become more competitive with the absence of major losses in 2023 and 2024, broker says

Willis Towers Watson Broker

Gallagher makes senior upstream energy hires

Broker expands upstream energy practice with partner hires from Miller and Marsh

International Specialty

Aon names Schultz reinsurance solutions global vice-chair

Schultz has been Aon Securities chief executive since 2012

International Aon

Arch Insurance names Bair president of MGU unit Ventus

Amwins executive rejoins the MGU to succeed Richard Goldfarb, who has led Ventus for five years

North America Arch Capital

Pine Walk launches specialty reinsurance MGA

Silverflame Re will focus on marine, energy and composite and credit and surety

Marine Distribution

Optio acquires film and events MGA

Optio Group aims to broaden its product portfolio and drive European expansion with acquisition of Luxembourg-based Circles

Europe Specialty

Ryan Specialty acquires Ardonagh’s Geo Europe

Netherlands-based managing general agent specialises in financial lines

Europe Specialty

Hub partners with Mexico's MAS Seguros on cross-border transport cover

Referral and broking programme for transportation insurance throughout the US, Canada and Mexico launches

North America Property

Miller completes Bruzon acquisition

Broker broadens European footprint with acquisition of Madrid-based specialty broking and advisory firm

Europe Specialty

Acrisure Re hires Sharpe to lead London-based specialty re team

Re/insurance broker taps Gallagher Re for senior hire for international reinsurance division

London Reinsurance
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