Reinsurance News
Tysers
PPL looks to accelerate API adoption with new programme
29th February 2024
Placing Platform Limited (PPL), an electronic trading platform for the London re/insurance market, has launched a broker Early Adoption Programme (EAP), which has a focus on the operationalisation of the platform's API capabilities and reflects the acceleration of market interest in APIs. Currently, PPL is working with eight firms to collaborate on ... Read the full article
Tysers sees revenue of £100m in H1 2024, confirms growth trajectory
20th February 2024
Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, has reported revenue of £100 million for H1 of the AU 2024 financial year, as it remains "on track" for future growth. Tysers earnings before interest and taxes (EBIT) for H1 of 2024 stood at £20.3 million, with a ... Read the full article
Tysers hires senior brokers to expand MEA and Asia operations
6th February 2024
Specialist insurance broker Tysers has hired Jayees Ibrahim and Elias Nohra in Dubai to expand its Property & Casualty, Construction and Engineering services to clients in the Middle East and Africa (MEA) and Asia. Ibrahim joins Tysers from Aon Re, where he reportedly placed complex risks for clients in MEA and ... Read the full article
Tysers selects ACORD as strategic messaging partner
6th December 2023
Tysers, a UK-based global broker, has selected ACORD Solutions Group, a provider of solutions for standardised data exchange throughout the global re/insurance industry, as its strategic messaging partner. Through this partnership, Tysers will integrate ACORD’s ADEPT and ACORD Transcriber to streamline digital data extraction and exchange through its Tconnect platform - ... Read the full article
PPL to pilot market APIs in Q4 with WTW & Tysers
10th October 2023
Placing Platform Limited has confirmed that it will begin to pilot its new generation of Market APIs during the fourth quarter of 2023, working initially with broker WTW and independent Lloyd's broker, Tysers. According to the announcement, the pilot is designed to exercise and validate the end-to-end integrated process and will ... Read the full article
Tysers launches new broking platform Tconnect
30th August 2023
Tysers, an independent Lloyd’s broker and member of the AUB Group, aims to transform broking operations with Tconnect. Tconnect serves as an innovative and agile platform that manages and streamlines the end-to-end life cycle of a policy providing a faster and more responsive client service. Tconnect is developed and built by Tysers ... Read the full article
Tysers announces departure of CEO Clive Buesnel
22nd August 2023
Tysers, an independent Lloyd’s broker and member of the AUB Group, has announced that CEO Clive Buesnel will leave the firm at the end of the month, with Mike Emmett, AUB Group CEO, stepping in as Interim CEO. Clive was first appointed CEO of Tysers in June 2020 with the "significant ... Read the full article
Tysers unveils global entertainment industry division
28th July 2023
Tysers, an independent Lloyd's broker, and member of the AUB Group, is launching a new global division dedicated to serving the needs of the global entertainment industry. The new initiative -Tysers Live, sees offerings in Music, Theatre, Live Events, Media & Film and Advertising & Commercials combine under one brand ... Read the full article
Tysers parent AUB Group raises A$150m for M&A drive via private placement
19th May 2023
Tysers parent AUB Group, has announced that it has successfully raised A$150 million to support its “attractive M&A pipeline”, after completing an oversubscribed placement of 6.25 million new fully paid ordinary shares at A$24.00 per share. According to the announcement, the shares represent a 7.2% discount to the last traded price ... Read the full article
Tysers names Mark Moore Director of Energy
27th March 2023
Independent Lloyd’s broker Tysers has appointed Mark Moore to lead its Energy Division as Director looking to expand its operations in the class of business. With over 30 years of claims and broking experience, Moore joins Tysers from Primassure where he was Head of Natural Resources. During his time at Primassure, he ... Read the full article
Tysers sells bloodstock broking team & managing agent to Howden
22nd February 2023
Leading independent Lloyd’s broker, Tysers has announced the sale of its bloodstock broking team and the bloodstock managing agent, Galileo, to international insurance broker, Howden. “We had built an exceptional bloodstock business but, as our focus is no longer in this area, we entered a commitment to sell the business including ... Read the full article
Tysers to welcome a substantial number of new hires
20th January 2023
Tysers, an independent Lloyd’s broker and part of AUB Group, has announced that in early 2023, it will welcome more than 20 new hires to the business. They will join divisions across the business, including North America P&C, Marine & Aviation, Reinsurance and Retail, according to Tysers. The addition of this new ... Read the full article
Tysers appoints Andrew Kendrick as new non-exec chair
28th November 2022
Tysers Insurance Brokers has appointed Andrew Kendrick to be its new non-executive chair. The firm said that Kendrick will take up his position from the beginning of December, pending regulatory approval. In the meantime, Peter Haynes will remain as chair until the FCA gives approval. Kendrick is a former non-executive director of ... Read the full article
Tysers adds Reinsurance Director from Ed to Dubai office
4th November 2022
Independent Lloyd’s broker Tysers has bolstered its team across the Middle East and North Africa (MENA) region with the addition of Souvik Goswami as Director, Reinsurance to its Dubai office. Goswami joins Tysers from Ed Broking where he was responsible for developing Treaty business and client relationships across MENA. He brings nearly ... 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