Agents & Brokers News

Digital E&S Insurance Broker Pathpoint Makes Its Debut

Pathpoint, a new brokerage for excess and surplus lines, is billing itself as an all-digital wholesale brokerage built from the ground up. Pathpoint is licensed across the U.S. and is a coverholder at Lloyd’s of London. It distributes admitted and …

Howden’s Acquisition of A-Plan Group to Create One of UK’s Largest Brokers

The international insurance broking group Howden recently announced that it has agreed to acquire A-Plan Group, one of the UK’s largest personal and commercial lines insurance brokers. The deal promises to create one of the UK’s largest insurance brokers managing …

Westland Insurance Acquires 2 Brokerage Firms in Alberta, Canada

Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020. Ironside Insurance Brokers is a family-owned brokerage located in Carstairs, Alberta. Its professional insurance advisors are experts in residential, auto, life, travel, …

Cannabis Broker Spotlight: Sawyer of Cross Insurance Says Work Building Cannabis Business Worth it

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Private Equity Firm Hg Invests in Hyperion in Transaction Valued at US$5 Billion

Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity investment in Hyperion Insurance Group Ltd., the insurance intermediary. The transaction values the business at an enterprise value of around …

Insurance Broker Gallagher Reports Ransomware Attack

Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In a filing with the Securities and Exchange Commission (SEC), …

Howden Acquires London-Based Broker St Giles Legal & Professional Risks

Howden, the independent employee-owned insurance broker, announced it has reached an agreement to acquire St Giles Legal & Professional Risks, a London-based professional indemnity insurance broker specializing in the UK solicitor sector, a market in which Howden is already a …

Guy Carpenter Taps Miller from Aon to Lead Property Catastrophe UK, Global Specialties

Guy Carpenter & Co., the reinsurance brokerage business of Marsh & McLennan Cos., announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global Specialties and key global clients, effective September 2021. Miller will …

What Distinguishes This Market? Here’s Lockton Re Leaders’ Insights

Lockton Re’s Tim Gardner, global CEO, and Ross Howard, global chairman, have been through their share of hard markets. Like many in the reinsurance business, they agree no two hard markets are exactly the same. For the two men personally, …

Independent Brokers Will Remain Competitive by Adding Value to the Value Chain

The COVID-19 crisis has highlighted the need for brokers to add value to the insurance transaction, according to Toby Esser, chairman of AFL Insurance Brokers, a London-based independent broker. Indeed, Esser said, the COVID-19-related coverage disputes involving business interruption pandemic …