February 8, 2021
Willis Towers Watson has approved retention agreements worth $2.1 million for four executives as an incentive for their continued employment until the closing of the broker’s merger with Aon, according to a WTW filing with the U.S. Securities and Exchange …
February 8, 2021
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed its acquisition of specialist UK insurance broker The Bollington Wilson Group. Financial details of the deal, which was first announced in January 2021, were not disclosed. …
February 5, 2021
The deadline to participate in the 2021 Agency Salary Survey is today. Would you like to know where agency salaries and total compensation ranks today? Find out by completing this year’s survey. Survey respondents will receive a complimentary copy of …
February 4, 2021
Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new Aon report that projects the growth momentum will continue in 2021. While the year was a record for cat bond …
February 4, 2021
Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh. The increase, the largest since the index was launched in 2012, follows average increases of 20% …
January 25, 2021
Insurance Journal is once again seeking independent agency owners, principals, producers, CSRs — the entire agency — to participate in its annual independent insurance agency salary survey for publication in Insurance Journal magazine. The survey takes about 15 minutes to …
January 19, 2021
BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests of BGC Partners Inc., a global brokerage and financial technology company, subject to regulatory consent. Corant will comprise the broking …
January 14, 2021
NFP, a New York-based insurance broker and consultant, announced the acquisition of EdgeHill Insurance Brokers Ltd., in a transaction that closed on Dec. 16, 2020. Financial details of the acquisition were not disclosed. EdgeHill, a P/C brokerage firm based in …
January 14, 2021
Global broking business, Brokerslink, starts 2021 with the continued the expansion of its global network and the addition of independent broker JDB in North Macedonia. Trading since 2009, JDB is a growing broker with a sharp focus on customer service …
January 12, 2021
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has signed an agreement to acquire 100% of specialist UK insurance broker The Bollington Wilson Group. The transaction will close following regulatory approval. Financial details of the …