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The Insurance Insider US news team runs you through this week’s key agency M&A. -
Earlier this week, The Baldwin Group said it will merge with CAC Group in a deal valued at $1.026bn.
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He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
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Sources said the deal will value the US M&A insurance broker at over $500mn.
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The hire advances Howden’s growth push in the US.
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Baldwin said the $1bn merger with CAC accelerates the firm's specialization plans by at least five years.
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The deal is slated to close in the first quarter of 2026.
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The company has been growing rapidly since the summer, with at least 300 currently employed.
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Marsh has accused its former execs of flouting a preliminary injunction.
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The retail heavyweight uses around 1,000 trading partners to access the wholesale channel.
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Last month, Insurance Insider US revealed that MMA was set to buy Atlas following a sale process.
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The executive was most recently head of US casualty at Aon.
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In September, Insurance Insider US revealed that the firm had instructed a recruiter to search for Kinney’s successor.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The subsegment is the latest commercial auto sector to feel the heat of litigation losses.
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Marsh is also seeking expedited discovery in a related talent poaching case.
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Many carriers are still pricing above technical rate, but could reassess their strategies after Q1.
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The executives are based in Seattle and New York.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Paddy Jago was also chairman at Willis Re and North America CEO for P&C at Aon.
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GC continues to pursue Willis Re and individuals in court.
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Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
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The HNW MGA previously had an exclusive distribution agreement under a partnership signed in July 2024.
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Parties will now brief on a request for a preliminary injunction on an expedited timeline.
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