How Broker Specialization Will Revolutionize Customer Experience: Viewpoint January 23, 2020 By Michael Furlong In today’s landscape, forward-thinking agencies and brokers should avoid taking a one-size-fits-all approach by only targeting the general insurance market....
Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report January 23, 2020 By L.S. Howard Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since...
J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP January 23, 2020 By Dinesh Nair and Myriam Balezou J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale...
U.K. Broker Tysers Invests in Bermuda-Based MGA, Helix Underwriting Partners January 15, 2020 Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general...
Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd. January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance...
Hub International Acquires Canada’s RHC Insurance Brokers January 10, 2020 Chicago-based broker Hub International Ltd. announced it has acquired RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. Terms...
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short January 9, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...
BGC Insurance’s Aerospace Broker Rebrands as ‘Piiq Risk’ with Spate of Key Hires January 7, 2020 By L.S. Howard BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace...
Tysers (a.k.a. Integro) Completes Acquisition of Specialist Lloyd’s Broker RFIB January 6, 2020 Integro Insurance Brokers Holdings Ltd., the parent of U.K.-based firm Integro Insurance Brokers Ltd., which trades under the Tysers brand,...