Gallagher has launched an insurance brokerage in Japan, which specializes in insurance solutions to both commercial clients and wholesale facultative insurance to other brokers. The Japanese unit is led by two former Marsh executives: Takuya Aibe and Tetsuro Nakazawa. Previously …
BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire West Australian specialist broker Western United Financial Services (WUFS). The terms of the transaction have not been disclosed. WUFS was founded in 2002 and offers …
The Clear Group, the London-based independent broker, announced the acquisition of Irish commercial broker McAuliffe Barry & Collins Ltd., which trades as MBC Insurance and Techinsure.ie. Clear has acquired 100% of MBC Insurance. Financial details of the deal were not …
NFP, a New York City-based property/casualty broker, announced it has acquired Gravity Risk Services Ltd., an insurance broker based in the West Midlands, England. Financial terms of the deal were not disclosed. NFP will integrate Gravity’s risk services into its …
The Ardonagh Group announced it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest. Financial details of the deal were not disclosed. Under the leadership of Klap CEO Jorg …
Ardonagh Advisory, the London-based SME broking platform, announced the acquisition of Pace Ward, a UK-based local broker that provides national coverage for large commercial clients, prestige and high-performance cars, and high net worth clients. Financial details of the transaction were …
BMS, the London-based independent specialist re/insurance broker, announced it has entered into an agreement to acquire a majority share in Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu Dhabi and Dubai. Financial …
Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova. Gallagher acquired Brim in 2016, followed by Nordic in 2017 and Proinova …
AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s founding managers have signed an agreement to sell a minority …
Arthur J. Gallagher & Co. announced the acquisition of UK-based AT Squared Holdings Ltd., operating as FE Protect. Terms of the transaction were not disclosed. FE Protect is an insurance broker specializing in the UK education sector. Based in Merseyside, …
