Agents & Brokers News

BMS Re Acquires Mexican Surety Reinsurance Broker Calomex

BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re. The terms of the transaction were not disclosed. Established in 1996, Calomex delivers reinsurance solutions to Mexican surety providers, …

UK Jensten Group Acquires UK Broker Ravenhall Risk Solutions

The Jensten Group has acquired UK broker Ravenhall Risk Solutions for an undisclosed sum. The deal, which is subject to approval by the FCA, bolsters Jensten’s regional presence in Yorkshire and is the Group’s latest step in its “buy and …

Miller Acquires Tokyo-Based Broker Lead Insurance Services

Miller, the independent specialist re/insurance broker, announced the acquisition of Lead Insurance Services Ltd. Lead is based in Tokyo, Japan, and the acquisition cements a longstanding relationship between the two businesses. Founded in 1994, Lead specializes in hull, war risks …

Howden Buys New Zealand Broker Wallace McLean

Howden, the London-based insurance broker, announced the acquisition of Wallace McLean, which further strengthens its local expertise and provides an enhanced platform for its strategic growth plans in New Zealand. Wallace McLean was founded in 2001 and is a well-established …

Ardonagh Europe to Acquire Léons Group in the Netherlands

Ardonagh Europe Ltd., the Dublin-based subsidiary of The Ardonagh Group, announced it has agreed to acquire Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. Headquartered in Amsterdam and founded in 1951 by Max Léons, Léons …

Agents: Fourth of July Brings Risks & Claims

It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have. Perhaps their …

People Moves: BMS Promotes Gormley to UK CEO; Schepers Named Head of WTW Insurance Consulting and Technology as Underwood Retires

This edition of International People Moves details appointments at the brokers BMS and Willis Towers Watson (WTW). A summary of these new hires follows here. BMS Promotes Gormley to UK CEO BMS, the London-based independent specialist re/insurance broker, announced that …

Arthur J. Gallagher & Co. Acquires UK Broker Erimus Group Ltd.

Arthur J. Gallagher & Co. announced the acquisition of Erimus Group Ltd. in the UK. Terms of the transaction were not disclosed. Founded in 1986 and based in Teesside, England, Erimus is an established retail insurance broker with a strong …

Lloyd’s Broker Servca Launches Malta Office to Spearhead European Expansion

Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European business. With passporting rights to all 28 EU countries, complete …

Canada’s Axis Insurance Managers Acquires BMG Insurance Brokers

Axis Insurance Managers, a Vancouver, Canada-based insurance broker, has completed the acquisition of BMG Aviation Ltd., which does business as BMG Insurance Brokers, effective June 1, 2022. A privately owned insurance brokerage firm, Vancouver-headquartered BMG specializes in aviation and aerospace …