Gallagher News – Page 2
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News
Gallagher Re buys Lloyd’s broker to ‘deepen’ delegated authority expertise
The newly acquired business will become part of the firm’s Global Programmes practice group
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Gallagher Re partners to deliver home ownership proposition
The reinsurance broker has provided support to prospective home buyers
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Insurtech funding sees 57% dip in Q4 2022 – Gallagher Re
The UK was listed as one of seven countries for top insurtech investment in 2022 which was $200m (£162.6m) for this country
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Global M&A insurance sector saw a ‘turbulent’ 2022 – Gallagher Specialty
The M&A insurance sector will continue to ‘evolve and persevere’ despite challenging economic conditions, predicted the report
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Gallagher set to complete property business rebrand
The rebrand aims to create ‘a springboard for further growth within the property sector’, says managing director
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Early stage insurtech investment reaches second highest figure ever in Q3 2022 – Gallagher Re
Gallagher Re’s head of global of insurtech says for the ’right kind of business – capital is still there’
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Gallagher continues push into Ireland with broker acquisition
The firm will also rebrand a previous acquisition to launch the Gallagher brand in Ireland
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Gallagher reports rise in Q3 2022 net earnings
The firm’s total revenue saw a slight drop, despite increases for its risk management and brokerage segments
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Majority of insurance sector employees say they have ‘too much to do’ at work
Heavy workloads, deadlines, meetings and emails were all reported as factors that make insurance sector employees feel burnout
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Gallagher inks partnership with Novidea to overhaul specialty client base service
Gallagher’s chief operating officer says ’the specialty insurance market needs to provide better technology tools to its clients’
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UK local councils hit by 2.3 million cyber attacks so far in 2022 – Gallagher
Only 23% of councils currently hold a cyber-insurance policy despite a rise in cyber attacks
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Gallagher buys specialist crisis and risk management consultancy
The two businesses are culturally ‘well aligned’, says chief operating officer
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Insurtech funding still down year-on-year – Gallagher Re
Investors should look at insurtechs as an opportunity to ‘diversify their portfolios’, says global head of insurtech
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Gallagher enhances retail division with new broker buy
The deal will also boost the firm’s presence in the North-East
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Backchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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WTW suffers $138m financial hit on Russian business exit
The broker saw a 3% dip in its revenue compared to the same period last year as a result
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Gallagher reports 14% UK organic growth for Q1 2022
The broker estimates sanctions and its compliance with them will adversely impact its full year 2022 brokerage segment annual revenues by up to $10m
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Gallagher UK buys motorbike broker with ‘great reputation for customer service’
The deal will enhance Gallagher’s digital capabilities and expertise in motorcycle and motorhome cover
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QBE joins forces with broker on new pay-as-you-go insurance for coaches
The partnership is ‘our way of continuing to support’ a sector ‘hard hit by the pandemic’, says insurer motor portfolio manager
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Gallagher’s UK operations see organic growth improve by 12% in Q4 2021
M&A activity alongside retaining, as well as gaining, new clients has contributed to the business’ growth
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