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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation. -
The Insurance Insider US news team runs you through this week’s key agency M&A.
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Lighter cat losses a plus, while top-line, organic growth and reserving concerns persist.
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Founder Chad King will transition to chairman but continue leading M&A efforts.
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The layoffs will mostly affect workers in Michigan.
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WTW claims at least two $1mn accounts were also unfairly lost to Howden.
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The broker is understood to manage Brown & Brown’s account at Howden.
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Jeremiah Bickham will be a strategic adviser until the end of the year.
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JP Morgan and RBC are advising the brokerage on its options ahead of an eventual IPO.
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The executive was formerly EVP and central regional leader at Aon.
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Insurers are pleased, brokers are looking for trade-offs, and everyone’s talking about Howden.
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Insurer results and 1.1 reinsurance renewals will shape the trajectory of 2026.
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Property underwriters are ‘competing fiercely’ to access mining risks.
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The executive has been at the broker for over 20 years.
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The unit’s co-heads, Braithwaite and Apostolides, left the firm in the summer.
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The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
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Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The executive will officially start in mid-November.
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The broker will now have access to an M&A war chest for inorganic growth.
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Sources said Marsh Specialty UK growth leader Lizzy Howe will lead the operation.
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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 deal will give the broker access to an M&A war chest to fuel inorganic growth.
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The firm posted trailing 12-month organic growth of 23% YoY supported by a three-pillar strategy.
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