Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Phoenix Healthcare (UK) as the latest addition to the group. Established in 1996 in Oadby, Leicester, Phoenix Healthcare is a leading independent UK broker and …
Canadian insurance broker Western Financial Group has acquired Wiesner Insurance Inc., a high-end full-service insurance brokerage located in southern Ontario. Originally founded in 1991 by Jason Wiesner, Wiesner Insurance Inc. is an independent brokerage serving customers in and around Brampton, …
Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker Mainstay Insurance. Financial details of the transaction were not disclosed. Founded in 2013 by Richard Gorrill and headquartered in Hove, …
The January 1 renewals saw “ample capacity” for many lines, although reinsurers adjusted their risk appetite and pricing “for certain sectors in response to ongoing and emerging challenges,” according to a report from Guy Carpenter, the reinsurance unit of Marsh …
In an effort to continue its commitment to promoting diversity, equity and inclusion in the insurance industry, the Wholesale and Specialty Insurance Association (WSIA) recently hired Vanessa Sims as its first director of DE&I. According to the association, Sims will …
UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices in Brazil, where it is the country’s largest independent broker, as well as Angola, Mozambique, Spain, and Malta. It is …
Insurance broker Marsh announced that it has increased its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to 92%. Marsh said the enhanced investment will enable it to more effectively meet the increasingly complex needs of companies across …
Abu Dhabi Investment Authority has acquired a stake in Ardonagh Group in a transaction valuing the U.K. insurance broker at $7.5 billion. The sovereign fund joined as a new investor in Ardonagh alongside several other large global institutions, Ardonagh said …
Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry, MX chairman, MX aim to be a £100 million gross written premium business within its first year of trading. Since …
SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark & Co. (Stark), to expand its personal, commercial and life insurance offerings. Founded in 1870, with offices in Barrie and …
