Agents & Brokers News

Arthur J. Gallagher & Co. Buys Bermuda-Based Frontier Financial Services Ltd.

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired Bermuda-based Frontier Financial Services Ltd. Terms of the transaction were not …

Howden New Zealand Acquires Apex Insurance

Howden, the London-based insurance group, announced it has completed the acquisition of Apex Insurance New Zealand and its associated subsidiaries (Apex), effective Thursday, Aug. 31, 2023. Financial details of the deal were not disclosed. This acquisition greatly accelerates Howden’s strategy …

Specialist Risk Group Launches Entertainment, Media, and Sport Division

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the launch of a new division serving the global entertainment, media, and sport industry. This new entertainment, media, and sport division reflects the successful growth of SRG and the continuing development …

Arthur J. Gallagher & Co. Buys UK-Based Lifesure Group Ltd.

Arthur J. Gallagher & Co. announced the acquisition of UK-based Lifesure Group Ltd. Terms of the transaction were not disclosed. Lifesure provides personal lines insurance broking services in the vacation/holiday and leisure industry, with products including park home, motorhome, caravan …

Howden’s Aston Lark Acquires UK Broker Curtis Marine

Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the deal were not disclosed. Curtis Marine will become part of Howden’s marine practice, trading under the Haven Knox-Johnston name. The …

Contingency Broker 1783 Group Joins Global Network, Brokerslink

Global broking business, Brokerslink, has added sports, music and entertainment contingency broker 1783 Group to its network. The new specialist affiliate operates in the world of sports, music, film and TV, and other esoteric risks. Striving to make the world …

Howden’s Aston Lark Ireland Agrees to Acquire Finance Solutions

Aston Lark Ireland, a Howden company, announced it has agreed terms to acquire Kegra Ltd., (trading as Finance Solutions), a Dublin-based mortgage broking specialist. Terms of the acquisition, which is subject to regulatory approval, were not disclosed. Founded in 2011 …

US Insurance Giant Marsh Set for $448 Million Honan Deal

Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand. The Marsh & McLennan Cos Inc. unit has signed a deal to buy out …

Private Equity Firm Hg Weighs Options for €1.5 Billion Insurance Broker GGW

Hg is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5 billion ($1.6 billion), people familiar with the matter said. The software-focused private equity firm is working with advisers as it …

Specialist Risk Group Acquires UK’s Cheshire Insurance Brokers

Specialist Risk Group (SRG), the London-based insurance intermediary, has acquired Cheshire Insurance Brokers (CIB). Financial details of the transaction were not disclosed. Established in 2010 by Dominic Leach & Victoria Benito and based in Hale, England, CIB specializes in arranging …