AJ Gallagher

With the transactions, the broker will expand its operations in the commercial P&C and trucking segments.

The Competition and Markets Authority will investigate whether the deal lessens competition in the UK.

AJ Gallagher expands into the wholesale commercial surety bonds business with its buyout of Little Rock-based Alpha Surety.

Carriers may reconsider perceptions on property claims arising from violence, fire and water damage, after data on claims costs and causes was published in a report by AJ Gallagher.

Without any major catalysts, the short interest for the industry was muted, with movement centering around InsurTechs once again.

AJ Gallagher will offer agricultural insurance coverage to clients in Louisiana, Arkansas, and Mississippi.

The broker's quarterly investor day presented an optimistic growth and margin expansion outlook for the remainder of the year and 2022.

Pressure on Root cools following stock price dips, but persistent short interest in InsurTechs suggests that prices haven’t bottomed out yet.

A complex web of factors are creating uncertainty around the likely insured loss, but much early discussion centers on a $20bn-$25bn range.

The two brokers have also agreed to non-solicitation clauses in their new deal.

The executive also praised Willis Re's management team for pushing for the best outcome for clients.

The broker has explained the rationale for its $3.25bn acquisition of Willis Re on an investor call.