Insurance Journal

AUGUST 12, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 288

Broker Broker-Agent Agents 288

Solstice Insurance Broker

JANUARY 30, 2025

As an insurance broker, open enrollment on the ACA insurance marketplace is likely crucial for your business. You can collaborate with many clients at one time to secure needed coverage. Plus, you can generate significant revenue.

Broker 130

Broker Insurance Broker Broker-Agent Insured 130

Insurance Journal

NOVEMBER 20, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …

Broker 264

Broker Broker-Agent Agents 264

Insurance Journal

AUGUST 30, 2024

Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …

Insurance Broker 309

Insurance Broker Broker Risk Insured 309

Insurance Journal

AUGUST 19, 2024

Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Established in 1976, R.K. Henshall & …

Broker 290

Broker Insurance Broker Broker-Agent Insured 290

Insurance Journal

SEPTEMBER 30, 2024

Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …

Broker 246

Broker Broker-Agent Agents Insured 246

Insurance Journal

OCTOBER 31, 2024

The Clear Group, the London-based independent insurance broker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurance broker in the south of England. Financial details of the transaction were not disclosed. Clear said this latest deal is …

Broker 264

Broker Insurance Broker Commercial Insurance Commercial 264

Insurance Journal

AUGUST 1, 2024

Miller, the London-based independent specialist re/insurance broker, announced the acquisition of reinsurance capital advisory business 4809 Brokers AG. Financial details were not disclosed. As its third Continental European acquisition since 2022, Miller said, the transaction forms part of its continued …

Insurance Broker 264

Insurance Broker Broker Insured Insurer 264

Insurance Journal

AUGUST 20, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. Financial details of the transaction were not disclosed. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …

Insurance Broker 286

Insurance Broker Broker Risk Insured 286

Insurance Journal

OCTOBER 3, 2024

the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Kingfisher Insurance Services Ltd., Financial details of the transaction were not disclosed. As part of the acquisition, a new entity will be created called …

Broker 278

Broker Commercial Insurance Broker Insured 278

Insurance Journal

OCTOBER 1, 2024

Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …

Insurance Broker 264

Insurance Broker Broker Commercial Insurance Commercial 264

Insurance Journal

SEPTEMBER 1, 2024

The 22 acquirers that make up the Sica Fletcher Index were involved in 242 agent-broker deals in the first six months of 2024, totaling $635 million in revenue. That is a 45% drop in revenue from what was acquired during …

Broker 246

Broker Broker-Agent Agents 246

Insurance Journal

NOVEMBER 5, 2024

Insurance broker Aon plc has signed a definitive agreement to acquire UK-based insurance broker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly owned by Aon UK …

Insurance Broker 246

Insurance Broker Broker Insured Insurer 246

Insurance Journal

OCTOBER 29, 2024

Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a London-based marine and property specialist. Financial details …

Broker 262

Broker Risk Insurance Broker Marine 262

Insurance Journal

DECEMBER 4, 2024

Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …

Insurance Broker 250

Insurance Broker Broker Insured Insurer 250

Insurance Journal

JANUARY 13, 2025

Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by David Kim as head of Korea. Miller Korea will focus on delivering global specialty expertise in the Korean market via …

Broker 264

Broker Insurance Broker Broker-Agent Insured 264

Insurance Journal

AUGUST 27, 2024

Clear Group, the London-based independent insurance broker, announced it has acquired the share capital of UK-based R T Waters Ltd. Financial details of the deal were not disclosed. This latest deal adds to Clear’s presence in South East England as …

Broker 263

Broker Insurance Broker Broker-Agent Insured 263

Insurance Journal

OCTOBER 25, 2024

The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd, based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest acquisition strengthens Clear’s presence in the south east of …

Broker 262

Broker Insurance Broker Insured Insurer 262

Insurance Journal

OCTOBER 30, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurance broker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …

Broker 261

Broker Risk Insurance Broker Broker-Agent 261

Insurance Journal

MARCH 27, 2025

A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using the loans …

Insurance Broker 237

Insurance Broker Premium Broker Insured 237

Insurance Journal

DECEMBER 12, 2024

BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the leading insurance broker Rasher, subject to regulatory approvals. The Rasher business is based in Spain, with Latin American subsidiaries in …

Broker 246

Broker Insurance Broker Broker-Agent Insured 246

Insurance Journal

NOVEMBER 21, 2024

THB Chile is a retail insurance broker providing property/casualty, life and health benefits, and reinsurance services to clients throughout Chile. Gallagher & Co. announced the acquisition of Santiago, Chile-based THB Chile. Terms of the transaction were not disclosed.

Broker 244

Broker Insurance Broker Broker-Agent Insured 244

Insurance Journal

JULY 29, 2024

Inflexion is nearing a sale of its majority stake in David Roberts & Partners in a deal that values the UK insurance broker at about £450 million ($579 million), according to people familiar with the matter. The private equity firm …

Insurance Broker 258

Insurance Broker Broker Insured Insurer 258

Insurance Journal

FEBRUARY 23, 2025

The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter of 2024. This was 11% less than a year ago.

Broker 217

Broker Broker-Agent Agents 217

Insurance Journal

OCTOBER 9, 2024

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …

Insurance Broker 260

Insurance Broker Broker Policy Life Insurance 260

Insurance Journal

DECEMBER 10, 2024

Specialist Risk Group (SRG), the London-based insurance intermediary backed by Warburg Pincus and Temasek, announced the acquisition of specialist insurance broker, R3. R3 is SRG’s 11th acquisition in 2024, following previous acquisitions which include Stonehatch, Capulus, and Anthony James Insurance …

Broker 245

Broker Risk Insurance Broker Insured 245

Insurance Journal

OCTOBER 10, 2024

A former insurance broker has pleaded guilty to a number of charges including insurance fraud for collecting premiums without placing coverage. Karen Marie Dondanville, 56, a former broker from Mission Viejo, pleaded guilty to 90 counts including grand theft auto, …

Theft 264

Theft Agents Premium Insurance Broker 264

Insurance Journal

JANUARY 29, 2025

This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. Patel Named Chair of Canopius Managing Agents, Succeeding Meader Canopius Group, the global specialty re/insurer, … A summary of these new hires follows here.

Broker-Agent 231

Broker-Agent Agents Broker Insured 231

Insurance Journal

NOVEMBER 14, 2024

A federal judge on Wednesday sentenced a North Carolina insurance agent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …

Insurance Broker 246

Insurance Broker Broker Insurance Agent Insurance Agents 246

Insurance Journal

AUGUST 13, 2024

NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in Leopardstown, County Dublin. Financial details of the deal were not disclosed. The Orca team will join NFP’s employee benefits and …

Insurance Broker 290

Insurance Broker Broker Insured Insurer 290

Insurance Journal

FEBRUARY 4, 2025

The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year ago. Total …

Broker 173

Broker Broker-Agent Agents 173

Insurance Journal

SEPTEMBER 16, 2024

Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall conference …

Broker-Agent 262

Broker-Agent Insurance Agent Insurance Agents Broker 262

Insurance Journal

SEPTEMBER 30, 2024

Ventis, the London-based commercial and residential real estate managing general agent, has expanded into Ireland, continuing its mission to deliver client service and capacity to brokers in the underserved middle of the property market. Ventis’ capacity will be distributed through …

Broker-Agent 277

Broker-Agent Commercial Agents Broker 277

Insurance Journal

JULY 14, 2024

By Chad Hemenway Independent agents placed more than 62% of all property/casualty insurance written in the U.S., according to the Independent Insurance Agents & Brokers of America (the Big “I”). The association’s 2024 Market Share Report said independent agents have …

Broker-Agent 264

Broker-Agent Premium Casualty Insurance Agents 264

Insurance Journal

FEBRUARY 19, 2025

CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now bulk quote their entire book …

Broker 147

Broker Cyber Broker-Agent Liability 147

Insurance Journal

JANUARY 6, 2025

Gallagher & Co., the Rolling Meadows, Illinois-based insurance brokerage, announced the acquisition of Waterloo, Ontario-based Encore Insurance Services Inc., dba Encore Group. Terms of the transaction were not disclosed. Encore Group is a retail insurance brokerage firm serving …

Broker 263

Broker Broker-Agent Insured Insurer 263

Insurance Journal

NOVEMBER 21, 2024

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 246

Premium Commercial Broker-Agent Commercial Property 246