This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Specialist Risk Group (SRG) announced the acquisition of the ongoing renewal rights of Morton InsuranceBrokers, a specialist in private hire and taxi insurance across the UK since 1987. Financial details of the transaction were not disclosed. The acquisition strengthens …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James InsuranceBrokers, subject to regulatory approval. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …
Howden, one of the world’s largest closely held insurancebrokers, is in talks to acquire Risk Strategies, according to people with knowledge of the matter. The talks to acquire Risk Strategies, which is ultimately backed by private equity firm Kelso …
Florida-based insurancebroker King Risk Partners reports it has acquired Suzio Insurance Center, Inc., an independent insurance agency based in Meriden, Connecticut. Suzio Insurance Center was started in 1974 by the late Franklin Suzio and is currently headed by James …
National specialty insurancebrokerRisk Strategies reported it has acquired George W. Blaisdell Insurance, an employee benefits agency based in Hampton Falls, New Hampshire. The acquisition expands the Risk Strategies Employee Benefits Practice in its New England region. Terms of …
Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurancebroker and Aon subsidiary, announced on July 24 that …
Florida-based insurancebroker King Risk Partners announced its acquisition of the Kerr Agency Inc., an independent insurance agency located in Simsbury, Connecticut. This strategic acquisition furthers King Risk Partners’ expansion across the Northeast. Kerr is King’s fifth agency in Connecticut.
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurancebroker. Financial details of the transaction were not disclosed. Founded in 2014 by Chris Williamson, London-headquartered Stonehatch has built a …
EPIC InsuranceBrokers & 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’ …
Clear Group, the UK independent insurancebroker 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 …
King Risk Partners, one of the largest U.S. insurancebrokers, 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 …
Specialist Risk Group (SRG), the London-based insurance intermediary backed by Warburg Pincus and Temasek, announced the acquisition of specialist insurancebroker, R3. R3 is SRG’s 11th acquisition in 2024, following previous acquisitions which include Stonehatch, Capulus, and Anthony James Insurance …
Marsh, the insurancebroker 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 …
Insurancebroker 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 …
This edition of International People Moves details appointments at insurancebroker 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.
WTW Names Wegbrans as Head of Corporate Risk & Broking Europe Insurancebroker 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.
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 insurancebrokers.
Fast-growing insurancebroker 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.
Insurancebroker 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.
This edition of International People Moves details appointments at the Bermuda-based re/insurer Vantage Group Holdings and the insurancebroker Miller. Vantage Promotes Granda to Head of Political Risk and Credit Vantage Group … A summary of these new hires follows here.
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 insurancebroker Aon has launched its Directors and Officers …
Insurancebroker 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 …
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 insurancebroker, risk adviser and Marsh … A summary of these new hires follows here.
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 Insurancebroker Marsh announced the appointment of … A summary of these new hires follows here.
Axis Insurance Managers Inc., the Vancouver, Canada-based insurancebroker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage.
As an insurancebroker, 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.
Marsh, the insurancebroker, 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 …
In the complex world of workers compensation, risk managers play a vital role in aligning strategic oversight with day-to-day claims operations. Far from being a behind-the-scenes figure, a successful risk manager serves as the linchpin between claims administration, adjusters, and injury management teams.
EPIC InsuranceBrokers & 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 …
SecurityScorecard and Willis, a WTW business, announced a collaboration to enhance cyber risk quantification, improve insurance modeling, and strengthen enterprise security strategies for organizations worldwide. As part of this partnership, SecurityScorecard has named Willis as its official insurancebroker.
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.
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.
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.
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.
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 insurancebrokers and Managing General Agents (MGAs) to provide these options to businesses at scale.
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 insurancebroker who can help guide you through this process.
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 InsuranceBrokers.
If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for InsuranceBrokers,” 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!
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 InsuranceBrokers.
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 InsuranceBrokers.
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 InsuranceBrokers.
How do MGAs Differ From InsuranceBrokers? The key distinction between MGAs and insurancebrokers is that MGAs have underwriting authority, while brokers do not. This one factor means these two insurance entities have completely different purposes in the broader insurance landscape.
Assignment of Classification Codes Initially, insurancebrokers 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 insurancebroker, attorney, or qualified professional.
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 InsuranceBrokers.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content