Beach & Associates News

Beach Adds Willis’ Berkstresser as Senior Vice President, Will Open Wasington Office

Beach & Associates has named Warren Berkstresser senior vice president of its Beach Re U.S. reinsurance division, and he will launch and run Beach’s new office in Seattle, Wash., and sit on the North America office head’s executive team. Berkstresser …

Michigan-Based Broker Acrisure Completes Acquisition of UK-Based Beach

London-based broker Beach & Associates announced the completion of its acquisition by Acrisure LLC, the Michigan-based retail consulting and insurance broker. Having obtained all necessary regulatory approvals, Acrisure has acquired 100 percent of the company’s equity from existing shareholders. These …

Beach Forms Specialty/Wholesale Unit to Be Led by Sutton & Humphreys from Integro

Beach, the London-based re/insurance broker, announced the formation of a new specialty and wholesale platform to be headed by former Integro leaders John Sutton and Toby Humphreys. Humphreys and Sutton previously held joint leadership roles at Integro UK for over …

UK Broker Beach & Associates to Be Acquired by Michigan-Based Acrisure

London-based broker Beach & Associates announced Acrisure LLC has agreed to acquire 100 percent of the company’s equity from existing shareholders. These shareholders include Aquiline Capital Partners, a private equity firm led by Jeff Greenberg, as well as current and …

UK Broker Beach Names RenRe’s Goldberg as Senior VP, Casualty Reinsurance

Beach & Associates, the London-based re/insurance broking and advisory firm, announced the appointment of Julian (Jules) Goldberg as senior vice president. He is based in the London office and reports to Adam Hedley, partner. Goldberg will play an integral role …

Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage

New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance policies in the United Kingdom. “Simply Business is an innovator …

Brown & Brown Sells Reinsurance Broker Axiom Re to Beach Re

Brown & Brown Inc. sold certain assets of one of its subsidiaries, Axiom Re, to Beach Re Limited effective December 31, 2014. Axiom Re is a reinsurance brokerage operation based in North Carolina with approximate annual revenues of just under …

Aquiline Capital Acquires Majority Stake in Beach & Associates in Toronto

Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has made an investment for a majority of the equity in Beach & Associates Ltd., an independent global reinsurance broker based in Toronto, Canada. Beach & Associates’ …