Agents & Brokers News

Clear Group Buys UK’s Peter Hoare & Co. (Insurance Brokers) Ltd.

The Clear Group, the London-based independent broker, has acquired Peter Hoare & Co. (Insurance Brokers) Ltd., based in Sheffield, England. Financial details of the transaction were not disclosed. Established in 1964, Peter Hoare specializes in commercial, motor and liability risks. …

Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers

Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and services in Australia with a client focus of rural and farm, …

Travelers Webinar Focuses on Connecting Gen Z, Independent Agents

Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices. Nevertheless, Gen Z is under-tapped in the independent agent channel and over-indexes on direct writers. During a recent Travelers Institute …

Howden Acquires Peruvian Insurance Broker Contacto

Howden, the London-based insurance group, announced it has acquired Contacto Corredores de Seguros S.A., a market-leading insurance broker in the Peruvian market. Financial details of the deal were not disclosed. Howden said the acquisition represents a significant step in its …

Arthur J. Gallagher & Co. Acquires Ireland’s Keaney Insurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Dublin, Ireland-based Keaney Insurance Brokers Ltd. Terms of the transaction were not disclosed. Keaney is a commercial insurance broker that supports businesses across Ireland with insurance …

Jensten Completes Acquisition of UK-Based One Broker Group

Jensten, the London-based independent insurance broking group, has now completed the acquisition of East Anglia, England-based One Broker Group, following approval from the UK regulator. Its largest acquisition to date, the deal provides Jensten with a significant new regional centre …

Howden Scotland Buys Commercial Insurance Broker Neilson Laurence & Neil

Howden Scotland, formerly known as Bruce Stevenson, announced the acquisition of Neilson Laurence & Neil, the Glasgow-based UK specialist commercial insurance broker. Financial details of the deal were not disclosed. Through the acquisition, Neilson Laurence & Neil will fully integrate …

UK’s Ardonagh Acquires Commercial Broker for SMEs in Switzerland

The Ardonagh Group, the London-based independent insurance distribution platform, has agreed to acquire ASSEPRO, the largest independent commercial broker for small and medium-sized enterprises (SMEs) in Switzerland, with operations in Austria and Liechtenstein. Ardonagh will fund the transaction with a …

NFP Acquires Ireland-Based Health and Safety Consultancy, SeaChange Ltd.

NFP, a New York City-based property/casualty broker, announced it has acquired SeaChange Ltd., a health and safety consultancy based in Naas, County Kildare, in Ireland. This acquisition expands NFP’s European health and safety capabilities and solutions for the company’s Irish, …

5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues

Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up of the brokers’ results, listed in descending order by …