Reinsurance News

Woodruff Sawyer

A. J. Gallagher completes acquisition of Woodruff Sawyer

11th April 2025

Global insurance brokerage Arthur J. Gallagher & Co. has announced that it has completed its acquisition of San Francisco, California-based Woodruff Sawyer. Woodruff Sawyer is a brokerage and consulting firm offering a full suite of commercial property and casualty products, employee benefits solutions, and risk management services, with a focus on ... Read the full article

A. J. Gallagher to acquire Woodruff Sawyer for $1.2bn

5th March 2025

Arthur J. Gallagher & Co. has signed a definitive agreement to acquire San Francisco, California-based Woodruff Sawyer for a consideration of $1.2 billion. Woodruff Sawyer provides a full suite of commercial property and casualty products, employee benefits solutions and risk management services with a focus on middle and large market clients. According ... Read the full article

Woodruff Sawyer opens New York office with six new team members

22nd March 2024

Woodruff Sawyer, one of the largest independent insurance brokers in the United States, is expanding its East Coast footprint with the addition of six new members, opening the firm’s first office in New York. The new team, formerly with Acrisure's Construction and Commercial Risk Practice, includes Matthew Kelly, who will head ... Read the full article

Underwriters concerned about ransomware and supply-chain attacks: Woodruff Sawyer

12th January 2024

The cyber insurance market witnessed a major shift between 2022 and 2023, with a combination of positive trends and facts ultimately creating a soft cyber insurance market, which included higher pricing after a two-year hard market, reduced claim experience due to a lull in ransomware throughout 2022, and improved cybersecurity ... Read the full article

Woodruff Sawyer predicts single-digit rate increase in 2024 for P&C rates

14th December 2023

Single-digit rate increases are expected in 2024, similar to the ones seen in 2023, according to Woodruff Sawyer’s recently published P&C Looking Ahead Guide. Despite economic and social inflation continuing to contribute to premium increases in the P&C insurance market, and rising reinsurance costs due to severe weather events that have ... Read the full article

Woodruff Sawyer forecasts increased deal flow and evolving structures for Q4’23 and 2024

20th October 2023

Woodruff Sawyer, a prominent independent insurance brokerage in the United States, looking ahead to Q4'23 and throughout 2024, suggests that the deal landscape may continue to evolve, with new structures emerging, and deal flow is expected to increase compared to the lows witnessed in Q1'23. In its 2024 Private Equity and ... Read the full article