April 16, 2020
Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial details of the deal were not disclosed. Founded in 2003 and headquartered in Athens, independent broker Matrix became a broker …
April 3, 2020
BMS Group, the independent specialist re/insurance broker, announced the conclusion of a preferred partner agreement with the new wholesale and specialty broker Tagus Specialty in Portugal. An ambitious production plan has been developed that will see BMS teams in London …
April 2, 2020
Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with Lloyd’s of London and International Underwriting Association (IUA) insurers. The new bind feature enables Lloyd’s and the London company markets …
April 1, 2020
Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has completed the acquisition of the trade credit business of Howden UK Group Ltd. Financial details of the transaction, which was first announced on March …
March 24, 2020
BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Iberia, has acquired Jurado Mata, the Granada-based Spanish specialist insurance broker. Financial details of the transaction were not disclosed. Founded in 1990, Jurado Mata has provided a range …
March 19, 2020
BMS Group, the independent specialist re/insurance broker, announced the appointment of Jonah Pfeffer as chief casualty officer at BMS Re U.S., effective immediately. He will report to Pete Chandler, president and CEO at BMS Re U.S., and focus on the …
March 10, 2020
BrokerTech Ventures (BTV), the Des Moines, Iowa-based broker-led investor group and accelerator program, has added five new investor partners/sponsors, including Heffernan Insurance Brokers Inc., The Horton Group, Inc., IMA Financial Group, MJ Insurance and Woodruff Sawyer. BTV also has appointed …
March 10, 2020
British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal, according to arbitration and …
March 9, 2020
Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has entered into an agreement to acquire Howden UK Group’s trade credit broking business, based in Birmingham, Glasgow, Manchester and Cardiff. Once the transaction is …
March 9, 2020
Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under the terms of the agreement unanimously approved by the boards of …