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Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva

Insurance Journal

JULY 2, 2025

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 insurance broker headquartered in Kyoto. Founded in 2001 by …

Broker
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Ryan Specialty Finalizes Acquisition of USQRisk

Insurance Journal

MAY 2, 2025

Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …

Insurance Broker
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Kaya AI Launches to Transform ISO Class Code Classification for Insurance Brokers

Insurance Journal

JUNE 23, 2025

June 18, 2025 — Greenwood General Insurance today announced the official launch of Kaya AI, an artificial intelligence solution designed to streamline ISO class code classification for insurance brokers and underwriters. Monrovia, CA., The tool addresses persistent industry challenges by …

Insurance Broker
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Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting

Insurance Journal

JUNE 20, 2025

Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile.

Broker
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Housing Code Violations in Philadelphia: An Interview with Katie Vespia

Distinguished

MARCH 20, 2025

These resources are invaluable for both property owners and insurance brokers when assessing risk. How do pending or unresolved housing violations affect a property owners ability to obtain insurance? Landlord insurance which covers both liability and property damageis particularly sensitive to housing violations.

Broker
Broker License Insurance Broker Risk
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London Market Brokers, Associations Welcome Move to Create UK Captive Domicile

Insurance Journal

JULY 15, 2025

The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the London market. The government aims to deliver …

Broker
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What is a Managing General Agent (MGA) in Insurance?

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

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