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

SEPTEMBER 5, 2024

EPIC Insurance Brokers & Consultants, headquartered in San Francisco, is now the official provider of risk management services for the Miami Dolphins football team and Hard Rock Stadium. The deal, announced Thursday, will not put the EPIC patch on Dolphins’ …

Risk 259

Risk Insurance Broker Broker Insurer 259

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 18, 2024

King Risk Partners, one of the largest U.S. insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Talbert, in business in north Georgia since 1982, offers personal and commercial insurance. Larry Talbert II …

Risk 246

Risk Commercial Insurance Insurance Broker Commercial 246

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 Insurer 245

Insurance Journal

NOVEMBER 4, 2024

Marsh, the insurance broker and business of Marsh McLennan, has partnered with We2Sure, a specialist in insurance and risk management solutions for carbon credit certificates, to launch a new insurance facility to help organizations in the UK, EU, and US …

Risk 244

Risk Insurance Broker Broker Insurer 244

Insurance Journal

DECEMBER 12, 2024

Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a 110 million (US$115.6 million) facility to provide reinsurance capacity for international reinsurers and Ukrainian insurance companies to cover war-related risks in Ukraine. Under the Ukraine …

Risk 237

Risk Insurance Broker Broker Insurance Companies 237

Insurance Journal

JULY 22, 2024

This edition of International People Moves details appointments at insurance broker WTW and the re/insurer Everest Group. WTW’s Risk & Broking Unit Names Marsh’s Clarke as President, as Garrard Becomes Chair Insurance … A summary of these new hires follows here.

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Risk Insurance Broker Broker Claim 264

Insurance Journal

JANUARY 9, 2025

WTW Names Wegbrans as Head of Corporate Risk & Broking Europe Insurance broker WTW announced the appointment of Hugo … This edition of International People Moves details appointments at WTW and Howden Re. A summary of these new hires follows here.

Risk 244

Risk Insurance Broker Broker Insurer 244

Prof. Allan Manning

MARCH 4, 2025

We naturally hope that the cyclone changes course again and moves away from the coast but if the predications are correct and it will hit landfall in a very populus part of Australia, both organisations are set to provide the best possible response to those affected and their insurers and general insurance brokers.

Insurance Broker 235

Insurance Broker Broker Claim Business Interruption 235

Insurance Journal

MARCH 4, 2025

Fast-growing insurance broker King Risk Partners has acquired The Insurance Center, an independent insurance agency in Warwick, Rhode Island. Founded in 1973, The Insurance Center serves individuals, families, and businesses in Warwick and throughout Rhode Island, … Terms were not disclosed.

Risk 165

Risk Insurance Broker Insurance Agency Broker 165

Insurance Journal

SEPTEMBER 19, 2024

This edition of International People Moves details appointments at the Bermuda-based re/insurer Vantage Group Holdings and the insurance broker Miller. Vantage Promotes Granda to Head of Political Risk and Credit Vantage Group … A summary of these new hires follows here.

Risk 203

Risk Insurance Broker Broker Insurer 203

Insurance Journal

NOVEMBER 27, 2024

Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed.

Insurance Agency 290

Insurance Agency Insurance Broker Broker Insurer 290

Insurance Journal

AUGUST 22, 2024

Corporate risk managers looking to gauge the likelihood that their directors and officers will be sued and how much that might cost have a new digital tool to help them. Global insurance broker Aon has launched its Directors and Officers …

Insurance Broker 264

Insurance Broker Broker Insurer Insurance 264

Insurance Journal

SEPTEMBER 25, 2024

Insurance broker WTW has launched a new China Client Division within Corporate Risk and Broking, North America (CRB NA), as part of its strategy to expand its presence and broaden offerings focused on the Chinese market. The new China Client …

Insurance Broker 263

Insurance Broker Broker Risk Broker-Agent 263

Insurance Journal

MARCH 11, 2025

This edition of International People Moves details appointments at the brokers Marsh and Specialist Risk Group (SRG). Marsh Promotes George as President of Marsh Specialty Insurance broker Marsh announced the appointment of … A summary of these new hires follows here.

Risk 147

Risk Insurance Broker Broker Insurer 147

Insurance Journal

NOVEMBER 7, 2024

This edition of International People Moves details appointments at the brokers Marsh and Clear Group. Marsh Names Fraser as Int’l Corporate & Commercial Leader Marsh, the insurance broker, risk adviser and Marsh … A summary of these new hires follows here.

Commercial 246

Commercial Insurance Broker Broker Risk 246

Insurance Journal

FEBRUARY 25, 2025

Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage.

Commercial Insurance 219

Commercial Insurance Insurance Broker Insurer Insurance 219

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker 86

Insurance Broker Cyber Broker Protection 86

Insurance Journal

FEBRUARY 20, 2025

Marsh, the insurance broker, risk adviser and Marsh McLennan business, announced the addition of significant new capacity to its Fast Track facility. From March 1, 2025, clients can access up to 10% automatic capacity across their entire property and casualty …

Insurance Broker 200

Insurance Broker Broker Risk Insurer 200

Insurance Journal

MARCH 18, 2025

EPIC Insurance Brokers & Consultants named Matt Allen principal of its private client team. Allen has more than 18 years of experience in the insurance industry. He specializes in providing sports professionals with risk management, disability insurance and asset protection …

Insurance Broker 162

Insurance Broker Insurance Industry Broker Protection 162

Property Insurance Centre

MARCH 11, 2025

Buying Blocks of Flats Insurance in London: Key Risks and Costs When it comes to buying blocks of flats insurance in London, the market is becoming more complex for a number of reasons. In London, block of flats insurance comes with unique challenges and considerations compared to the rest of the UK.

Risk 52

Risk Insurer Insurance Insured 52

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Classification rules are guidelines used by rating bureaus and insurance companies to categorize businesses based on the type of work they perform. What Are Classification Rules? All state laws vary.

Workers Compensation 103

Workers Compensation Compensation Workers Comp Premium 103

AMAXX

MARCH 24, 2025

General Exclusions Some roles carry such distinct risks or differ significantly from an employers core operations that they’re classified separately. This concept is known as “multiple classifications,” and it ensures each distinct part of a business accurately reflects its own risk profile. All state laws vary.

Workers Comp 104

Workers Comp Premium Workers Compensation Compensation 104

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

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Broker License Insurance Broker Risk 52

Zywave

SEPTEMBER 8, 2024

Commercial insurance is more intricate than ever. With the nature and location of work transforming, companies face dynamic risks – particularly for Excess & Surplus (E&S) coverage. But it can be tedious for insurance brokers and Managing General Agents (MGAs) to provide these options to businesses at scale.

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Broker-Agent Commercial Insurance Insurance Broker Commercial 98

Risk Management Monitor

AUGUST 30, 2021

Ida has now weakened to a tropical storm and will continue to cut through the south before making its way across much of the East Coast, bringing significant risks of wind, rain and inland flooding throughout this week. Before doing so, reach out to your insurance broker who can help guide you through this process.

Risk 74

Risk Damage Building Business Interruption 74

Elmore

JANUARY 22, 2025

Growing appreciation of the risks will cause wider damage to homeowners equity The post Climate risk is US housing markets neighbour from hell appeared first on Elmore Insurance Brokers.

Risk 52

Risk Insurance Broker Damage Broker 52

Distinguished

JULY 8, 2024

If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Hear from industry experts as they discuss critical differences in Hotel Primary policies and key risks to consider. Access the full recording now!

Insurance Broker 52

Insurance Broker Broker Broker-Agent Insurer 52

Elmore

OCTOBER 15, 2024

Storm underlines growing risks from extreme weather to southern states in US The post Hurricane Milton payouts likely to hit $36bn, according to risk modellers appeared first on Elmore Insurance Brokers.

Risk 52

Risk Insurance Broker Broker Insurer 52

Elmore

SEPTEMBER 4, 2024

Industry believes state backstops would boost market and encourage good practice The post Insurance groups urge state support for ‘uninsurable’ cyber risks appeared first on Elmore Insurance Brokers.

Cyber 52

Cyber Risk Insurance Broker Broker 52

Elmore

AUGUST 17, 2024

Property insurer calls for better risk management as climate impact grows The post Hiscox chief says rising insurance prices a ‘stark signal’ on building risks appeared first on Elmore Insurance Brokers.

Building 52

Building Risk Insurance Broker Property Insurance 52

AMAXX

MARCH 24, 2025

Assignment of Classification Codes Initially, insurance brokers typically assign classification codes when securing coverage for employers. Brokers discuss the nature of the employer’s work to determine the most suitable code. You should consult with your insurance broker, attorney, or qualified professional.

Workers Comp 59

Workers Comp Premium Workers Compensation Compensation 59

Elmore

JANUARY 16, 2025

Firms intended to backstop frontline insurers raised rates and increased recovery thresholds after losses on prior blazes The post Reinsurers little exposed to LA fires after retreat from disaster risks appeared first on Elmore Insurance Brokers.

Risk 52

Risk Insurance Broker Broker Insurer 52

ProWriters

NOVEMBER 18, 2024

As 2024 unfolds, the Directors and Officers (D&O) Insurance market is hitting yet another turning point. After several years of dramatic rate fluctuations, insurers, brokers, and businesses are bracing for what could be a defining year for D&O premiums. Artificial intelligence (AI) is another growing concern.

Premium 101

Premium Cyber Insurer Insurance 101

AMAXX

JULY 30, 2024

So this is your premium adjustments, and these are discretionary adjustments that can be given by your underwriter based on how well they perceive you managing your risk, how well they perceive you managing your risk. and why are we gonna try to get this risk up because you’re saying, hey. So let’s talk about this.

Workers Comp 64

Workers Comp Risk Workers Compensation Injury 64

AMAXX

MARCH 24, 2025

Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. Workers’ compensation relies heavily on correct employer classification to reflect an accurate risk exposure. However, strict rules apply. All state laws vary.

Workers Comp 71

Workers Comp Premium Injury Workers Compensation 71