Agents & Brokers News

RKH Specialty Appoints 14 New Aviation Experts in London and Colombia

RKH Specialty, the London-headquartered wholesale insurance and reinsurance broker, announced the appointment of 14 new senior Aviation experts in London and Colombia, as part of RKH’s wider plan of building the largest independent logistics team incorporating its resources across aviation, …

COVID-19 Could Rank Among Re/Insurance Sector’s Most Expensive Events: Carpenter

Although considerable uncertainty remains over its ultimate cost, the COVID-19 pandemic looks set to rank among the re/insurance sector’s most expensive events, according to a report published by reinsurance broker Guy Carpenter. Not only does the pandemic have the potential …

Cannabis Broker Spotlight: Boden With Crouse Went All-in on the Budding Industry

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 …

Rival Wholesale Brokers Ryan Specialty Group and All Risks Agree to Merge

Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and its nearly $12 billion in premium, and All Risks, headquartered in Delray Beach, Florida, which has close to $2.6 billion …

UK Insurance Broker Ardonagh Group Secures $2 Billion Loan for Acquisitions

UK insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender. The group is refinancing its debt with a 1.575 billion pound …

Brokerslink Network Continues African Expansion with Tunisian Broker

Brokerslink announced a further expansion of its footprint in Africa with Tunisian brokerage KarĂ© Kamoun becoming the latest affiliate to join the global broking business. The Tunis-based insurance and reinsurance broker, specializes in core lines of business in Tunisia including …

AXA XL Taps Clarke from WTW, Generali’s Warke for UK Broker Management Team

AXA XL announced two additions to its UK broker management team: Michael Clarke has been appointed Regional Broker Distribution leader while Robyn Warke has been named Broker Distribution leader. As Regional Broker Distribution leader, Clarke is responsible for leading AXA …

Companies Press Insurance Brokers for Workarounds to Rising D&O Costs

When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits, it got Skip McBride’s attention. To McBride, who used to manage law firm Bracewell LLP’s malpractice exposure, Musk’s decision to …

Searchlight Capital Partners Completes Acquisition of UK Broker Global Risk Partners

Global Risk Partners Ltd., the London-based independent insurance intermediary, announced that global private investment firm Searchlight Capital Partners has completed its acquisition of a majority stake in the group, following regulatory approval. Financial details of the deal, which was first …

Cannabis Broker Spotlight: Worldwide’s Ives Sees Cannabis Time in Dog Years

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 …