Agents & Brokers News

Business Moves: Ardonagh Acquires Zurich’s SRB Assekuranz Broker; Optio Completes Purchase of Norwegian MGA, S Insurance

Ardonagh Acquires Zurich-Based SRB Assekuranz Broker The Ardonagh Group, the London-based independent insurance distribution platform, announced it has acquired the Zurich-based broker SRB Assekuranz Broker AG (SRB). Founded in 1980, SRB focuses on corporate customers, primarily in the industrial sector. …

Lloyd’s Broker Charged Over Alleged Ecuador Bribes

UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United Insurance Brokers Ltd. of failing to prevent associates from bribing state …

Broker BMS Appoints Former Hannover Re Executive Henchoz as Chairman of Board

BMS Group, the London-based specialist insurance and reinsurance broker, announced the appointment of Jean-Jacques Henchoz to the role of chairman of the board, effective May 1, 2025. Henchoz was most recently the CEO and chairman of the Executive Board of …

Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held company. Financial details of the MBO were …

Arthur J. Gallagher & Co. Acquires Brokers in UK and Australia

Arthur J. Gallagher & Co. this week announced two acquisitions – of the UK’s Bircroft Insurance Services and Australia’s Tresidder Insurance Brokers. Financial details of the transactions were not disclosed. London-based Bircroft is a specialist insurance broker providing retail and …

Young Agents: Last Chance to Share Your Thoughts on Insurance Industry

Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for participating is April 1. …

Ardonagh Set to Raise Up to $2.5 Billion to Fuel Expansion Spree

Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the private equity-backed insurance broker’s rapid growth. The London-based firm is expected to close the capital-raise this summer in an oversubscribed …

Ardonagh Advisory Acquires UK Broker Anderson & Co.

Ardonagh Advisory, the Ardonagh Group’s SME broking platform, announced it has acquired Anderson & Co. (Holdings) Ltd., along with its wholly owned subsidiary Anderson & Co (Insurance Brokers) Ltd. (ACIB). Financial details of the transaction were not disclosed. Established over …

Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure

Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …

Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd.

NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm. Financial details of the transaction were not disclosed. NFP plans to integrate Clay GBP into its subsidiary Ground Control Business …