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Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US. -
The Insurance Insider US news team runs you through this week’s key agency M&A.
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The SPV will underwrite a “broad and highly diversified” portion of Amwins’ ~$6bn delegated authority premiums.
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The federal judge said South has direct knowledge about a previous raid involving Aon.
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The National Council of Insurance Legislators said insurance oversight should be left to states.
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The parties now have 60 days to file a stipulation to dismiss the action.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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Several of Henrietta Butcher’s former Tysers colleagues have also moved to Lockton Re.
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The company also promoted Zulma Suarez to CEO of Colombia and Venezuela.
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Sources said the auction launched after Thanksgiving with Relation marketed off adjusted Ebitda of around $130mn.
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The deal valued the tech-driven broker at over ~21x 2025 adjusted Ebitda, suggesting a hefty premium.
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Insurance deals leader Mark Friedman said there is a backlog of companies looking to go public.
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