Broker News – Page 87
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Marsh McLennan conducts executive committee reshuffle
The firm’s president and chief executive believes the appointments help create a ‘stronger and more dynamic company’ that will ‘help us achieve the next phase of our growth’
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Ardonagh improves adjusted ebitda by 44.5% in first nine months of 2021
The broker has also spent £125m on acquisitions so far this year
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Marsh Commercial collaborates with specialist cycling insurer
Marsh’s ‘world expertise’ will help boost the insurer’s ‘growth journey’, says chief executive
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Gallagher appoints new managing director for Rentguard
The new hire has ‘commercial acumen and [an] excellent reputation within the insurance industry’, says SME and personal lines managing director
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Jensten Group scoops BGL Group director to head up risk and compliance team
The new hire brings over 34 years of insurance and consultancy experience to the business
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WTW appoints new global head of broking from Aon
The hire previously worked at WTW in 2004 before spending the majority of his career at Aon
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MCE strikes deal with personal lines broker to handle private vehicle business
MCE moves quickly following Sabre deal to secure another business arrangement
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Broker Miller creates head of market management role
The hire joins from Howden Group and aims to build stronger carrier relationships
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Aston Lark snaps up commercial insurance broker
The acquisition will allow the independent broker to continue growing its corporate broking business
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Two LV= General Insurance branded bodyshops gain Green Heart status
Just over 75% of the the insurer’s branded bodyshops are now carbon neutral
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GRP-owned Premier Choice Healthcare buys Bournemouth-based business
The broker plans to apply ‘the acquisition success’ it has achieved in the UK retail commercial broking market to the PMI sector
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PIB Group extends Irish footprint with retail broker buy
The deal marks the broker’s 11th acquisition in 2021 and its third purchase in Ireland as the firm continues its international expansion strategy
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Backchat November 2021
A spy running late, a spooky Halloween inspired game for brokers and a controversial home insurance advert. What has the insurance industry been up to lately? You heard it here first…
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Film and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
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LIVE: Top 50 Brokers 2021 Digital Edition
The industry’s most comprehensive list of top general insurance brokers in the UK is now available
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Daulby Read Insurance buys third Bravo Networks broker in 12 months
The deal is a ‘great tactical move’ to push the business forward in the agricultural market, says broker boss
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The Ardonagh Group completes $500m buy of BGC Partners’ insurance operations
Specialty broking chairman says the acquisition presents ‘a unique opportunity to build a preferred home for talent and the number one choice for clients on a truly global scale’
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Gallagher’s net earnings up 22% in Q3 results as M&A ‘remains buoyant’
The broker predicts favourable revenue for Q4 if economic conditions improve following the Covid-19 pandemic