Agents & Brokers News

Howden Acquires French Marine Insurance Broker Seasecure Group

Howden, the London-based insurance broker, announced it has acquired Seasecure Group, the last remaining independent marine broker in France. Seasecure Group is one of France’s largest marine and cargo insurance brokers, and underlines Howden’s continued investment in expertise and desire …

Ardonagh Europe Completes Acquisition of Dutch Broker Léons Group

Ardonagh Europe Ltd., a subsidiary of The Ardonagh Group, announced that it has completed the acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. Headquartered in Amsterdam and founded in 1951 by Max Léons, …

Australia’s AUB Completes Acquisition of Lloyd’s Broker Tysers from PE Firm Odyssey

Australia’s AUB Group Ltd. (AUB) announced it has completed its acquisition of leading Lloyd’s wholesale broker Tysers from Odyssey Investment Partners. The acquisition, which was first announced in May 2022, has a purchase price of A$880 million (US$570.3 million) with …

Acrisure Buys UK Broker CRK Commercial Insurance Services Ltd.

Acrisure, the fintech company that operates a top-10 global insurance broker, announced it had acquired CRK Commercial Insurance Services Ltd., the specialist commercial schemes provider. Financial details of the deal, which is expected to close in early October, were not …

Howden Acquires Born Consulting AG in Switzerland

Howden, the London-based independent insurance broker, announced the acquisition of Swiss broker Born Consulting AG. Founded in 2003 and based in Bern, Switzerland, Born Consulting is an independent insurance broker for national and international intermediaries, large companies and the public …

Global Reinsurers’ Capital Levels Drop by 11% During H1, Hit by Declines in Markets

Global reinsurers’ capital levels dropped by 11% in the first half of 2022 to $647 billion, hurt by market declines, though higher interest rates helped their liability positions, broker Gallagher Re said on Tuesday. Reinsurers, who insure the insurers, have …

Aston Lark Acquires UK Broker AJ Insurance Service

Aston Lark, a Howden company, announced the acquisition of AJ Insurance Service Ltd. Financial details of the deal were not disclosed. Based in Tilbury in Essex, England, AJ Insurance Service was established in 1979 by father and son, Albert and …

Marsh Launches 1st Dedicated Insurance for Hydrogen Energy Projects

Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world’s first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the …

Jensten Group Buys UK-Based Broker J. Bennett & Son

The Jensten Group, the London-based independent insurance broking group, has acquired J. Bennett & Son Insurance Brokers, based in High Wycombe, England, and its Oxford-based subsidiary, Mathews Comfort & Co., for an undisclosed sum. The deal is subject to regulatory …

Hub International Acquires Canada Broker Jaimac Risk Management

Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario, Canada, Jaimac is an independent insurance brokerage specializing in risk …