Agents & Brokers News

Howden Acquires Scottish Broker Laurie Ross

Howden, the London-based global insurance group, announced the acquisition of Laurie Ross, a personal and commercial lines broker based in Scotland. The addition of Laurie Ross will take Howden’s high street branches to 117, with a total of over 200 …

Brown & Brown’s Bridge Specialty International to Buy Singapore-Based Broker Acorn

Brown & Brown Europe’s wholesale and specialty brokerage group, Bridge Specialty International, announced it has agreed to acquire Acorn International Network Pte Ltd., a Singapore-based insurance broker. The transaction is expected to be completed in the first quarter of 2024, …

Arthur J. Gallagher & Co. Acquires UK-Based MCMM Services Ltd.

Arthur J. Gallagher & Co. announced the acquisition of UK-based MCMM Services Ltd. (MCMM). Terms of the transaction were not disclosed. MCMM provides administrative and claims management services to members of Education Mutual, a mutual insurer that offers staff absence …

China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services

TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a memorandum of understanding (MoU) to acquire Hong Kong insurance broker Peak Consulting Services Ltd. Financial terms of the proposed deal …

BMS Finalizes Acquisition of UAE’s Berns Brett Masaood, Rebranded as BMS Masaood

BMS, the London-based specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu Dhabi and Dubai. Financial details of the transaction, first …

Howden Acquires Norwegian Broker Arctic Insurance AS

Howden, the London-based insurance group, announced the acquisition of Arctic Insurance AS, a fast-growing Norwegian insurance broker. Financial details of the deal were not disclosed. This acquisition reflects Howden’s ambition to enhance its presence in the Nordic region, by investing …

Brokerslink Adds Peruvian Broker to Global Network

Global brokerage business, Brokerslink, has added Consejeros y Corredores de Seguros (CONSEJEROS), a leading broker in Peru, to its growing network. Founded over 34 years ago, CONSEJEROS is a highly respected broker with a strong track record in providing comprehensive …

Howden Acquires Dutch Broker VLC & Partners

Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands. Financial details of the transaction were not disclosed. The business is currently under the ownership …

Howden Acquires Denmark’s NORTH Risk

Howden, the London-based insurance group, announced an agreement to acquire Denmark’s fourth largest insurance intermediary NORTH Risk, thereby establishing a retail presence in the Danish market and strengthening its geographical presence in the Nordic region of Europe. NORTH was founded …

Agency E&O Webinar: Panelists Discuss Changing Exposures, AI & More

While today’s insurance agency errors and omissions market remains mostly stable, emerging exposures, cyber risk, natural disasters and more could shape its course ahead. Insurance Journal gathered three experts to share their perspectives on the market’s latest developments and outlook …