Reinsurance News

brokerage

Grupo ilao strengthens presence in Colombia with 21 brokerage acquisitions

5th August 2025

Chariot & Castle Seguros, a property and casualty insurance brokerage operating in Colombia under the name Grupo ilao, has announced the successful acquisition of 21 insurance brokerages across seven Colombian cities over the past two years. This strategic expansion positions the company among the top five insurance brokerages in the country. The ... Read the full article

LSN Ré Walbaum names Heroui Director of P&C Reinsurance

18th July 2025

French reinsurance broker, LSN Ré Walbaum, has announced the appointment of Lynda Heroui as Director of P&C Reinsurance, who will be reporting to Benoît Butel, the company’s President. LSN Ré Walbaum, a subsidiary of the LSN Assurances group, offers comprehensive and innovative reinsurance solutions, providing services in both non-life and personal ... Read the full article

Gallagher expands Evolve smart-follow facility with new power risks

17th July 2025

Insurance and reinsurance brokering group Gallagher has introduced a new product line within its Evolve placement strategy, which offers automatic, immediate and bespoke coverage for Conventional Power clients around the world. Evolve, powered by InsurX’s smart follow technology, is multi-line portfolio tracker solution launched in February last year which unlocks seamless ... Read the full article

Warburg Pincus to acquire a majority stake in insurance broker Keystone

17th July 2025

Keystone, an insurance broker and agency network, announced that growth investor Warburg Pincus, will acquire a majority stake in the company. The private transaction’s financial details were not disclosed. According to the announcement, Bain Capital, which launched Keystone in 2020, will retain a minority ownership in Keystone through a new investment ... Read the full article

Castle Harbour Insurance launches transactional risk insurance brokerage

11th July 2025

Castle Harbour Insurance, a provider of specialty insurance services, has launched a transactional risk insurance brokerage focused on addressing complex deal-related risks. The new offering is designed to assist clients with structured solutions in areas such as tax insurance, representations and warranties insurance, litigation insurance, and contingent risk insurance. The New York ... Read the full article

Aon Broker Copilot launches to ‘transform the commercial insurance placement process’

23rd June 2025

Aon, a global insurance and reinsurance broking group, is looking to modernise the commercial insurance placement processes with Aon Broker Copilot, its recently launched patent-pending platform, which will utilise artificial intelligence, large language models, and predictive analytics. Aon Broker Copilot, developed in-house and co-designed with the firm’s frontline brokers, aims to ... Read the full article

BMS Group acquires Turkish re/insurance broking firm Oria

22nd May 2025

BMS Group, an independent global insurance and reinsurance broker, has expanded its presence in the Turkish market with the acquisition of Istanbul-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Owned and Chaired by Cenk Erden, Oria is an independent re/insurance broking firm with an established strong presence in the local business environment. Since ... Read the full article

Aon, GrECo, Marsh & Smartt Re to support PEJ for Poland’s first nuclear project

15th May 2025

Four brokerage firms, Aon Polska, GrECo Polska, Marsh, and Smartt Re, are to support Poland's state-owned SPV Polskie Elektrownie Jadrowe (PEJ) in the purchase of insurance for the country’s first nuclear project in Pomerania, among other operations. The brokers selected by PEJ will handle the company's insurance services and arranging insurance ... Read the full article

HUB secures minority investment of $1.6bn reaching $29bn valuation

12th May 2025

Hub International Limited (HUB), a global insurance brokerage and financial services firm, has secured a minority common equity investment of approximately $1.6 billion, valuing HUB at a $29 billion total enterprise valuation. T. Rowe Price Investment Management, Inc., Alpha Wave Global, and Temasek are leading the investment through their advised funds ... Read the full article

A.J. Gallagher to enhance brokerage capabilities in Türkiye with Aspera acquisition

6th May 2025

Arthur J. Gallagher & Co. has acquired Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera), an insurance and reinsurance brokerage firm based in Istanbul, Türkiye, in an undisclosed transaction. Aspera specialises in clients operating in sectors including energy & power, industrial property, financial lines, construction, and aviation & space. Founding partner Evrim Özkoç ... Read the full article

King Risk Partners gets growth investment from Lightyear Capital

29th April 2025

Insurance brokerage King Risk Partners has received a growth investment from Lightyear Capital, a New York-based private equity firm, The latest investment stands alongside existing shareholder BHMS Investments, LP (BHMS), which will roll a majority of its existing equity and invest additional capital, and the Company’s management team. “We are thrilled to ... Read the full article

Insurance broker HWI BV completes management buyout

8th April 2025

Global insurance broker H.W. International B.V. (HWI BV) has undergone a management buyout (MBO), securing backing from OBL Investments BV. The deal involves the acquisition of the group's Dutch holding company following the sale of its North American, UK, French, and Greek operations over the past year. With this new private investment, ... Read the full article

CyberCube tools to boost Maury Donnelly & Parr sales enablement process

7th April 2025

Retail insurance brokerage Maury Donnelly & Parr has partnered with CyberCube, a provider of cyber risk analytics, to enhance its sales enablement process. As part of the agreement, Maury Donnelly & Parr will license CyberCube’s Broking Manager and Prep Module tools, which will enable the broker to quantify and help mitigate ... Read the full article

Lockton’s new Professional & Executive Risk practice to transform its global financial lines business

31st March 2025

Independent insurance broker Lockton has announced the launch of Professional and Executive Risk, which integrates US-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice. Bringing together the expertise of over 750 talented Associates worldwide onto a single platform, this strategic integration will further enrich Lockton's ability ... Read the full article

Private equity firm PCP takes minority stake in specialist CPRI broker BPL

26th March 2025

Berry Palmer & Lyle (BPL), a specialist Credit and Political Risk Insurance (CPRI) broker, has secured a long-term investment from private equity firm Preservation Capital Partners (PCP). Thanks to PCP’s minority investment, BPL will be able to secure its future as an independent, employee-owned firm. The investor’s expertise, network, and experience ... Read the full article