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.
Pine Walk launches casualty MGA
Sevanta Specialty Liability will focus on niche international specialty liability
Marsh names Russell global head of wholesale
Russell joined Marsh in 2024 and was most recently head of strategy for global placement
Parametric nat cat platform Mythen launches
AI-powered managing general underwriter Mythen offers hurricane cover, backed by Texas carrier and Bermuda reinsurer
Volt expands into ports and terminals with hire
Start-up MGA hires AIG's Chris Haines to lead new class
Rokstone inks binder agreement with Somers
Lloyd's binder provides capacity for international facultative property, power and onshore energy
Aon president Andersen steps down
Andersen has served as sole president at the global broker since March 2020
Marsh launches Cyber Echo Encore facility
Broker adds London company market capacity to enhance its original Lloyd’s-backed Cyber Echo facility
Africa Specialty Risks approved for Morocco service company
Approval gives brokers in Morocco and north-west Africa direct access to Lloyd’s capacity
Contingent risk capital will drive climate finance: Howden’s Douglas
‘Insurability will be seen as the sharp end of the spear in terms of financial viability and long-term value,’ Howden’s chief executive of climate risk and resilience, Rowan Douglas, says
Andrew George named Marsh Specialty president
Broking giant elevates global head of its energy and power practice
Dual UK launches climate risk and resilience team
New team aims to introduce insurance products designed to help businesses navigate decarbonisation and sustainability challenges
Gallagher’s AssuredPartners acquisition delayed by regulatory inquiry
Broking group’s $13.5bn acquisition of Florida-based firm now expected to close during the second half of the year
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