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UK Broker Kingfisher Insurance Acquires MIS Motorsport’s Commercial Business

Insurance Journal

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
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Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure

Insurance Journal

announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., Philinsure is a commercial … Gallagher & Co. dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed.

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Broker Insights’ ‘Decision Intelligence’ Officially Heads to the US

Insurance Journal

After building it business up in the United Kingdom, Broker Insights said it is ready to officially bring its commercial insurance placement analytics to the United States. For the last 12-18 months, Broker Insights has been preparing for its expansion …

Broker 264
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Commercial Property Rate Stabilization Highlights Latest WTW CLIPS

Insurance Journal

Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its Commercial Lines Insurance Pricing … during the second quarter.

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Clear Group Acquires UK Broker A-One Insurance Group

Insurance Journal

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
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Miller Completes Acquisition of Spanish Specialty Re/Insurance Broker Bruzon

Insurance Journal

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 …

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CIAB: Clear Evidence of Softening Commercial P/C Market Conditions in Q2

Insurance Journal

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …