Reinsurance News

Honan Insurance Group

Marsh to acquire Honan Insurance Group

21st August 2023

The insurance broker and risk advisor arm of Marsh McLennan, Marsh, has reached an agreement to acquire 100% of the outstanding share capital of Honan Insurance Group Pty Ltd, a specialist insurance broker in the areas of corporate risk, employee benefits, and strata and real estate insurance. Terms of the acquisition, ... Read the full article

Honan expands NZ market share with acquisition of Certus Insurance Brokers

17th March 2023

Honan Insurance Group has boosted its service capability and reach in the New Zealand market through the acquisition of Certus Insurance Brokers (CIBNZ). According to Honan, the acquisition signifies its continued growth ambition and diversification into the New Zealand market, which saw national Gross Written Premiums totalling more than $7 billion ... Read the full article

Honan launches reinsurance broking unit, Honan Re

12th April 2021

Commercial broker Honan Insurance Group has announced the launch of Honan Re, a new unit that will offer facultative reinsurance solutions to the organisation’s insurance partners. Based in Singapore, Honan Re will commence operations this week, led by Honan Asia’s Managing Director Eliza White. Executive Chairman Damien Honan commented on the launch: ... Read the full article

Honan gets backing from private equity firm TA Associates

20th May 2020

Private equity firm TA Associates has agreed to make a strategic growth investment in commercial insurance broker Honan Insurance Group. Following the transaction, Honan’s Group CEO and Executive Director, Damien Honan, Chief Executive Officer, Andrew Fluitsma, and Chief Operating Officer, Laurence Basell, will continue to lead the business and be shareholders ... Read the full article