Gallagher News – Page 4
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NewsBackchat 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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NewsWTW 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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NewsGallagher 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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NewsGallagher 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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NewsQBE 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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NewsGallagher’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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NewsD&O rates in the UK ‘are not out of the woods yet’ – Gallagher
Despite supply challenges surrounding D&O insurance, increased awareness of ESG factors could encourage more entrants to this market, reports broker
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NewsGallagher completes WTW treaty reinsurance operations buy
New Gallagher Re boss says the combined businesses mark ‘a new chapter’
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NewsGallagher broadens market management team leadership with two new hires
The appointments reflect the broker’s ongoing commitment to investing in talent
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NewsCMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
Competition authority gives the planned acquisition the go ahead
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NewsGallagher 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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NewsGallagher’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
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NewsWillis Re takeover ‘on track’ – Gallagher
The transaction, which is due to close in Q4, will see Gallagher buy Willis Re for $3.25bn
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NewsGallagher completes firm integration with broker rebrand
The move is a ‘key milestone’ for the business following its acquisition
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NewsGallagher reports £2.1bn revenue rise for broker segment
Gallagher’s Matson says the broker looks forward to ‘continued growth’
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NewsGallagher hires new reinsurance chief executive from Aon
The new hire brings 17 years of experience from broker Aon as the business enters the next chapter of its ‘growth story’
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NewsGallagher agrees to acquire certain WTW combined operations
The newly revealed deal is part of the proposed regulatory remedy for the pending Aon-WTW merger
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NewsGallagher appoints new regional broking director
The new hire has more than 11 years of experience in the industry
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News AnalysisPost-Covid recession and hard market drives advice-led broker opportunities
Mitigating underinsurance using risk management should be a key strategy for commercial brokers, recommends expert panel
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
