Reinsurance News
Tysers
AUB to acquire Tysers for £500m
9th May 2022
AUB Group, an Australia equity-based insurance broker network, has confirmed that it has reached an agreement to acquire wholesale broker Tysers from its current owner, Odyssey Investment Partners, for a sale price of AUD $880 million (GBP 500 million). Last month, AUB maintained that it was still in discussions over ... Read the full article
AUB Group confirms Tysers discussions ongoing
4th April 2022
AUB Group has said that no deal has been reached in its ongoing discussions on acquiring wholesale broker Tysers. The announcement comes amidst widespread reporting that the two firms had reached an agreement in which AUB had won a bidding war for Tysers. However, AUB sent out a brief release to ... Read the full article
Tysers appoints James Lucas as associate director
9th February 2022
Broker firm Tysers has appointed James Lucas to be its associate director in its political violence and terrorism team. Lucas will join from Aon Benfield where he is responsible for developing the Latin America and EMEA Terrorism and Political Violence solutions across Aon’s network. Jason Collins, co-head of global broking, markets and ... Read the full article
Xenia acquires trade credit & surety business from Tysers
13th January 2022
Credit insurance and surety specialist Xenia Broking Group has acquired the UK trade credit and surety business of Tysers Insurance Brokers (Tysers). The transaction was completed on 11th January and marks Xenia’s eighth acquisition to date and fifth in the last nine months, having acquired Peter Hill Credit & Financial ... Read the full article
Tysers adds Lee Jenkins to Bloodstock team
14th December 2021
Lloyd’s broker Tysers has announced the addition of Lee Jenkins as a Director within its Bloodstock team. In this role, Jenkins will focus on developing new market opportunities and identifying areas for business growth. This appointment is the latest in a string of senior hires across Tysers in broking, claims and operations ... Read the full article
Appleford to lead Political Violence & Terrorism at Tysers
10th December 2021
Independent Lloyd’s broker Tysers has announced that Ciara Appleford is joining the firm to lead its Political Violence and Terrorism team. Appleford will lead a global team with the aim of driving growth across Tysers’ broking hubs in London, Dubai, Miami, and Singapore. She brings over 13 years of broking experience, market ... Read the full article
Tysers welcomes UK’s £500m Production Restart Scheme extension
10th November 2021
Lloyd’s broker Tysers has reported that the UK’s £500m Production Restart Scheme (PRS) for film and TV shoots has been extended for another six months. The scheme was first launched in July 2020 to help the film and TV industry recover from the pandemic by underwriting COVID-19 related delays. This gives productions ... Read the full article
Tysers launches new live event products
12th October 2021
Lloyd’s broker Tysers has launched two new schemes for the music and live events sector to reflect the challenges of the post-pandemic landscape. Firstly, Tysers Freelancers is an online insurance solution available 24/7 that provides cover for freelancers who work in music events across UK & Europe. And secondly, Tysers Elite will ... Read the full article
Tysers set for Middle East expansion with Dubai hires
14th September 2021
Lloyd’s broker Tysers is expanding its presence in Dubai to meet the Middle East's growing demand for insurance expertise. The expansion forms part of Tysers’ wider strategy to drive growth opportunities in international markets, bringing local expertise and the support of an established global broker to what it considers an underserved ... Read the full article
Tysers makes senior hires across broking, claims & operations
1st September 2021
Independent Lloyd’s broker Tysers has announced a series of senior hires across broking, claims and operations as part of its strategy to expand its core Marine and Aviation, North American P&C and Retail business lines. In addition, the firm is expanding its Dubai office in order to make the most of ... Read the full article
Tysers launches Tconnect insurance platform
24th August 2021
Insurance broker Tysers has launched Tconnect, a cloud-based platform designed to consolidate processes and automate the end-to-end life cycle of a policy. The platform will enhance Tysers’ operations by providing automated sanctions checking, task and query management workflow, contract certainty checks, as well as centralised governance and valuable management information. API-enabled, Tconnect ... Read the full article
Tysers bolsters Asia and Australasia marine, aviation team
19th November 2020
Independent Lloyd’s broker Tysers has hired a series of Far East reinsurance specialists in an effort to bolster its marine and aviation team in the region. Jane Smart joins from Swiss Re Asia to focus on innovative solutions and Cameron Nicholas will join the firm in January 2021 from Aon Re ... Read the full article
Tysers adds Deloitte’s Clive Buesnel as CEO
24th July 2020
Tysers, the specialty London-based wholesale broker, has named Clive Buesnel, previously of Deloitte, as its new Chief Executive Officer (CEO), subject to regulatory approval. He has spent the large majority of his career in operational and strategic positions in the UK and global insurance markets, most recently serving as a Senior ... Read the full article
Tysers announces minority investment in Bermuda’s Helix
14th January 2020
Tysers, the specialty London-based wholesale broker, has announced a minority investment in Helix Underwriting Partners Limited, the first multi-line independent Managing General Agent in Bermuda. Helix, which was founded by re/insurance industry veterans Claude Lefebvre, Nicholas Lucking and Neville Watson, launched in Bermuda last week after receiving all necessary approvals ... Read the full article
Tysers to integrate RFIB following acquisition
7th January 2020
Tysers, the specialty London-based wholesale broker, has completed its previously announced acquisition of Risk Transfer Group, the parent company of specialist Lloyd’s broker RFIB. Integration plans are now well underway, Tysers said, with the aim of combining RFIB’s operations into the firm in 2020. Tysers previously merged its insurance operations with ... Read the full article
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