Reinsurance News
Reinsurance broking news
Reinsurance broker news, analysis and insight, covering reinsurance broker market trends and opportunities.
Reinsurance brokers have a core role to play in the market, so we frequently cover news related to their activities and also interview senior reinsurance broking executives as well.
Aon expands reputational risk data and analytics capabilities
6th October 2022
Global professional services firm, Aon, has expanded its data and analytics capabilities for reputational risk with the acquisition of advanced analytics and advisory services provider, Pentland Analytics’ reputation crisis database. The transaction also includes Pentland’s proprietary modelling algorithms and a cloud-based web app for clients. According to the announcement, the reputation crisis ... Read the full article
Howden acquires marine broker Seasecure in France
6th October 2022
International insurance broker Howden has announced the acquisition of independent French marine broker Seasecure Group. The acquisition of Seasecure Group, is one of France’s largest Marine and Cargo insurance brokers, is expected to help Howden’s continued expansion into the French market. Founded in 2008 and headed by Jean Brossollet, Seasecure comprises two ... Read the full article
Aon appoints Shedden as Global Analytics Leader for Reinsurance Solutions
5th October 2022
Aon plc, a leading global professional services firm, has appointed Paul Shedden as its global and UK head of analytics in the firm’s Reinsurance Solutions. Within this role, he will be based in London. Shedden will join the firm on October 17th from Sompo International, where he served as head of Portfolio ... Read the full article
Miller appoints WTW’s Archie Horne to lead new Bloodstock & Livestock team
5th October 2022
Leading independent specialist re/insurance broker, Miller, has launched a new dedicated Bloodstock and Livestock team. The new team will be led by Archie Horne, who has taken up the role of Head of Bloodstock & Livestock, where he will report to Katie Small, Head of Private Clients. Horne joins Miller from broker ... Read the full article
Howden Re hires Tan from Aon as Director, ASEAN Treaty & Retro
5th October 2022
Howden Re, the reinsurance arm of the global broking group, has hired Doreen Tan from Aon Reinsurance Solutions Asia as Director, ASEAN Treaty / Retrocession, based in Singapore and reporting to Stephen Warwick, Head of Treaty for Asia Pacific. In her new role, Tan takes on responsibility for servicing clients and ... Read the full article
Ardonagh Europe completes acquisition of Léons Group, in the Netherlands
5th October 2022
Ardonagh Europe, a subsidiary of The Ardonagh Group, has completed its acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. The acquisition was originally announced in July earlier this year. Headquartered in Amsterdam and founded in 1951 by Max Léons, Léons Group specialises in full-service ... Read the full article
ESG factors to play a larger role in the future of underwriting
5th October 2022
Leading insurance broker Marsh has released data from a survey of 30 insurers representing a significant cross-section of the UK insurance market, exploring how ESG factors are being used to assess clients’ risk profiles and the extent to which this trend might accelerate. The survey found that all respondents confirmed that ... Read the full article
Jencap acquires Tarheel Insurance Services
5th October 2022
Jencap Group has announced that it has agreed to acquire the assets of Tarheel Insurance Services, Inc., a full-service specialty workers’ compensation wholesale brokerage based in Statesville, NC. Tarheel is set to operate under the auspices of the Jencap Insurance Services Inc. (JCIS) division. Bruce Peddle, President of JCIS, commented, “Tarheel provides ... Read the full article
Aon adds industry expert Katherine Kuehn as MD, Cyber Solutions
4th October 2022
Insurance and reinsurance broker Aon has hired Katherine Kuehn from vArmour as Managing Director (MD) within its Cyber Solutions division, where she will build upon her network to develop and provide innovative solutions in the cyber risk space. In her new role, Kuehn will leverage her network of key cyber, government ... Read the full article
WTW hires Chang from Sompo Intl. as Head, Corporate Risk & Broking NA
4th October 2022
WTW has hired Michael Chang to be its new head of corporate risk and broking for North America, succeeding Mike Liss, who plans to retire in the first half of next year. Prior to joining WTW, Chang served for six years as co-leader of Sompo International’s Global Insurance and CEO of ... Read the full article
Arthur J. Gallagher sets its sights on M&T Insurance Agency
4th October 2022
Re/insurance broking firm Arthur J. Gallagher has announced that it plans to acquire M&T Insurance Agency, a provider of risk management and group benefits consulting services based in Buffalo, NY. The firm said in a statement that it had signed a definitive agreement to acquire the indirect subsidiary of M&T Bank ... Read the full article
Howden appoints Philippe Lutgen as COO for Europe
3rd October 2022
Broker firm Howden has appointed Philippe Lutgen as chief operations officer (COO) for Europe. He will report to Luigi Sturani, CEO of Howden Europe, and will be based in London. In the newly formed role, Lutgen will lead on operations across the continent (excluding the UK), supporting on the development and ... Read the full article
Optio establishes MGA and reinsurance broking operations in Dubai
3rd October 2022
Specialty managing general agent (MGA), Optio Group has announced that it will establish an MGA and reinsurance broker in Dubai. Both businesses are subject to final approvals from the UAE regulatory authorities. In a press release, it states that both businesses are expected to be operational by 1 January, 2023 with an ... Read the full article
AUB Group completes Tysers acquisition
30th September 2022
Australia equity-based insurance broker network AUB Group has completed its acquisition of Tysers. In accordance with the terms of the acquisition and as previously announced, AUB confirmed that it has issued 9,018,974 new shares to Tysers’ former owner, Odyssey Investment Partners. The new shares will be escrowed for a 24-month period. AUB ... Read the full article
XS Brokers announces a series of promotions
30th September 2022
XS Brokers (XSB), an independent insurance underwriting and wholesale brokerage group, has announced a series of promotions. Misty Quail has been promoted to EVP, Business Development Manager. Under her leadership, she will ensure XS Brokers' family-owned company values extend to supporting clients and advance the company's efforts of attracting Top 100 retailers ... Read the full article