Agents & Brokers News

Istanbul-Based Broker GrEC Joins Assurex Global as Partner

Assurex Global announced that GrECo, based in Istanbul, Turkey, has joined the global partnership, which now consists of 97 independent brokerages. GrECo Turkey´s specialties are far-reaching, including agriculture, biotech, construction, energy, international, multinational employee benefits, and real estate, said Assurex …

Aston Lark Acquires UK Specialist Broker Braddons

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced specialist corporate insurance broking firm Braddons as its latest acquisition. Established in 1994 by Steve and Catherine Solly, Braddons focused on the construction and real …

Former Ethos Broking Executive Tuplin Becomes CEO of Towergate as Thelwell Departs

Ardonagh Advisory announced the appointment of Richard Tuplin as CEO of Towergate Insurance Brokers, following the departure of Joe Thelwell. Tuplin was previously CEO of Ethos Broking, part of Ardonagh’s Advisory platform, having joined Ethos in 2018. He has worked …

Miller Acquires Paris-Based Henner Sports

Miller, the London-based independent specialist re/insurance broker, announced the acquisition of Henner Sports from the Henner Group. Miller expects the acquisition to be highly complementary to its current market leadership in sports insurance. Financial details of the deal were not …

Miller Launches Online Platform for High-Net-Worth Clients

Miller, the London-based independent specialist re/insurance broker, announced the launch of its online Private Clients platform, providing digital solutions for clients in the high-net-worth space. The online system is the first broker offering of its type in the market and …

Gallagher Rebrands India Business After Edelweiss Acquisition

Gallagher, the international insurance broker, announced the rebranding of its India business to Gallagher Insurance Brokers Private Ltd. Gallagher Insurance Brokers Private Ltd. is one of the leading providers of risk management services, general insurance broking and risk solutions in …

Canada’s Definity to Acquire Minority Stake in Broker Apollo Insurance

Definity Financial Corp. announced a strategic partnership with APOLLO Insurance Solutions Ltd., a Canadian digital insurance broker and MGA that specializes in commercial insurance. This strategic partnership includes a distribution relationship between Definity’s affiliate Definity Insurance Company and APOLLO, and …

Update: Marsh McLennan to Exit Businesses in Russia; Aon Suspends Operations

Marsh McLennan, the world’s largest insurance broker, said on Thursday it would exit all of its businesses in Russia, while its rival Aon suspended operations in the country. “We intend to transfer ownership of our Russian businesses to local management …

U.S. Broker Brown & Brown Agrees to Acquire UK’s Global Risk Partners Ltd.

U.S. broker Brown & Brown Inc. has entered into an agreement to acquire Global Risk Partners (GRP) from its private equity owner Searchlight Capital Partners L.P. The acquisition, which is subject to regulatory approval, is expected to close in the …

UK’s Specialist Risk Group Becomes Member of Worldwide Broker Network

The Worldwide Broker Network (WBN), the global network of independent insurance brokers and employee benefits consultants, announced that Specialist Risk Group (SRG) has joined as a new member of the network in the United Kingdom. Headquartered in London, SRG is …