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Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a majority stake (68.3%) in Holos Holdings Co. a leading retail insurancebroker headquartered in Kyoto. Founded in 2001 by …
The Clear Group, he London-based insurance intermediary, announced the acquisition of C.R. a commercial insurancebroker based in East Horsley, Surrey, UK. Toogood & Co. Financial details of the deal were not disclosed. Clear said this strategic move underscores …
Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …
Howden, the London-based insurance intermediary group, announced it has acquired Innova Re, a market leading, independent reinsurance broker headquartered in Lima. Financial details of this deal were not disclosed. Established in 2017 and led by Juan Diego Cadarso, its founder …
Howden Acquires Chilean Retail InsuranceBroker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurancebroker headquartered in Santiago, Chile.
the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurancebroker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative … SiriusPoint Ltd.,
The Ardonagh Group, the London-based independent insurance distribution platform, announced the completion of a $2.5 billion equity investment led by funds managed by Stone Point Capital LLC, the US-based private equity firm. The investment, which valued the group at $14 …
UK fraud cops have charged an insurancebroker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United InsuranceBrokers Ltd. of failing to prevent associates from bribing state …
ORANGE, CA, November 6, 2024 – CITA Insurance Services and Ascot Insurance Company (Ascot) have partnered to deliver a new real estate agents and brokers error & omissions (E&O) program nationwide. This admitted insurance product was designed to provide professional …
Specialist Risk Group (SRG), the London-based insurance intermediary, announce the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed.
The future of underwriting will be built on closer relationships between carriers and insuranceagents, with carriers working hand-in-hand with agencies to maximize profits from books of business. That was the word from Chad Combs, vice president of personal lines …
along with its wholly owned subsidiary Anderson & Co (InsuranceBrokers) Ltd. Ardonagh Advisory, the Ardonagh Group’s SME broking platform, announced it has acquired Anderson & Co. Holdings) Ltd., Financial details of the transaction were not disclosed. Established over …
Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital insurance platform and real-time data enrichment …
announced it has acquired the remaining shares of Philippines-based Philpacific InsuranceBrokers & Managers Inc., Gallagher & Co. dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …
Axis Insurance Managers Inc., the Vancouver, Canada-based insurancebroker, announced the acquisition of Baker Insurance, a property/casualty brokerage based in Calgary. Financial details of the deal were not disclosed. This strategic move strengthens Axis’ presence in the region and enhances …
Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton InsuranceBrokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …
Catalyit, an insurance technology hub for independent insuranceagents, is partnering with the Independent InsuranceAgents & Brokers of America, Inc. the Big “I”) to support independent insuranceagents in selecting, implementing and optimizing the right technologies for their agencies.
Kingfisher Insurance Services Ltd., the London-based specialist insurancebroker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James InsuranceBrokers, subject to regulatory approval. Financial details of the transaction were not disclosed. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …
The Clear Group, the London-based independent insurancebroker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurancebroker in the south of England. Financial details of the transaction were not disclosed. Clear said this latest deal is …
insuranceagents and brokers, but until recently that has been easier to assert than to achieve consistently. Boosting growth and profitability is a goal for all U.S. Booking organic growth is difficult, even for firms with strong sales cultures, and …
By Chad Hemenway According to The Council of InsuranceAgents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the first quarter of 2025 rose by 4.2%–down 22% from the last three months of 2024 and …
Miller, the London-based independent specialist re/insurancebroker, announced the acquisition of reinsurance capital advisory business 4809 Brokers AG. Financial details were not disclosed. As its third Continental European acquisition since 2022, Miller said, the transaction forms part of its continued …
Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …
Miller, the London-based specialist re/insurancebroker, announce it has completed the acquisition of Madrid-based commercial insurancebroker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …
As an insurancebroker, open enrollment on the ACA insurance marketplace is likely crucial for your business. You can collaborate with many clients at one time to secure needed coverage. Plus, you can generate significant revenue.
Insurancebroker Aon plc has signed a definitive agreement to acquire UK-based insurancebroker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly owned by Aon UK …
Verlingue, the Quimper, France-based insurancebroker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …
The Clear Group, the London-based independent insurancebroker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest acquisition strengthens Clear’s presence in the south east of …
The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …
An insurancebroker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …
Miller, the London-based specialist re/insurancebroker, has unveiled MillerBoost, a new property smart-follow facility designed to help brokers and their clients move faster and with more conviction in a rapidly evolving market. Powered by InsurX’s frictionless trading infrastructure and offering …
Inflexion is nearing a sale of its majority stake in David Roberts & Partners in a deal that values the UK insurancebroker at about £450 million ($579 million), according to people familiar with the matter. The private equity firm …
Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurancebroker R.K. Henshall & Co. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Established in 1976, R.K. Henshall & …
The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …
HUB), the Chicago-based insurancebroker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurancebroker in Mexico. Hub International Ltd. The partnership is a response to Mexico’s growing …
A former insurancebroker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …
A south Florida insurancebroker is awaiting sentencing after pleading guilty last week to a $134 million scheme that fraudulently enrolled thousands of people in Affordable Care Act health insurance plans. Dafud Iza, 54, of Pembroke Pines, signed a plea …
Clear Group, the UK independent insurancebroker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a London-based marine and property specialist. Financial details …
A federal judge on Wednesday sentenced a Miami insurancebroker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …
The maker of Chipwich ice cream sandwiches is suing its insurancebroker alleging the agency was negligent in failing to properly secure product recall insurance that would have helped it deal with what it claims is a $4.5 million loss …
Miller, the London-based specialist re/insurancebroker, announced its further expansion into Asia with the launch of Miller Korea, led by David Kim as head of Korea. Miller Korea will focus on delivering global specialty expertise in the Korean market via …
Clear Group, the London-based independent insurancebroker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurancebroker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …
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