Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in Latitude Brokers, a specialist marine broker based in Asia with headquarters in Hong Kong. The acquisition has received regulatory approval …
Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene will operate as Howden Takaful Brokers, a fully dedicated Takaful specialist. Howden Takaful Brokers’ team of 30 specialists offers bespoke …
Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE. Financial details of the deal, which was first announced in April, were not disclosed. Under the …
Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the acquisition of the client book of UK-based Choice Benefits Ltd. Financial details of the deal were not disclosed. Having advised …
Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients, as it continues to invest in expertise for its UK business. Ross Insurance Group currently offers a broad range of …
Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia. Terms of the transaction were not disclosed. Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail property/casualty broker serving …
The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd., based in Northampton, England. Peter Hill is a leading specialist trade credit insurance and surety broker, with a particular focus …
Howden, the international insurance broker, announced the acquisition of the assets of Expat Marine Ltd. (EML), a specialist insurance broker providing employee benefits and general insurance products and advice to clients in Hong Kong. Financial terms of the deal were …
Britain’s competition watchdog said on Monday it will not refer insurance broker Arthur J Gallagher & Co’s planned $3.25 billion purchase of Willis Towers Watson’s treaty reinsurance brokerage business to an in-depth investigation. The Competition and Markets Authority said it …
It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of business. It’s a time when maintaining focus is critical to finding success, according to the president of Amwins Group, …
