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Guy Carpenter will rebrand as Marsh Re, as a new central tech/operations unit is created. -
Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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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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The executive has worked for Aon for almost two decades.
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Landa was part of the team lift led by Michael Parrish, who is CEO of the US retail arm.
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The business is beginning to integrate following a $9.8bn acquisition.
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Industry stocks were firmly behind the S&P 500 in Q3.
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She previously served as Hub’s North American casualty practice leader.
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The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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Superintendent Harris is stepping down this month after four years of service.
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Cyberattack/data breach remains in the top slot.
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Home buyers looking to close on a mortgage could find the private market an attractive alternative.
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Verisk's recent deals and its interest in cyber-analytics firm CyberCube show M&A in the segment has ticked up.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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Marlon Williams will focus on the placement of reinsurance and retro business.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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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 $20bn+ TIV data center is seen as the leading edge of significant new demand.
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The New York City gala paid tribute to the industry’s top talent.
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The executive joins the company after 17 years at Aon.
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Sources said the start-up has two $10mn+ Ebitda platform deals lined up.
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The executive has also held senior positions at Lockton and Marsh.
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The executive will join Howden’s new US retail broking operation.
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Global pricing is now 22% below the mid-2022 peak.
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The executive met with UK colleagues to discuss plans for the US business.
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Markel’s Bryan Sanders is receiving the Lifetime Achievement Award for his service to the industry.
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The succession could take some time, and the current CEO could also move to exec chairman.
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Lockton Re has predicted major growth in the global cyber insurance market.
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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 values the Onex-backed P&C broker at over $7bn.
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Other parties that looked at the business include CPPIB, Permira and Carlyle, sources said.
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A federal judge restricted former Marsh employees from soliciting for Howden.
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The deal’s benefits headlined AJG’s investor day presentation.
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This publication revealed earlier this year that the firm was working with Ardea to explore strategic options.
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The acquisition furthers Howden’s expansion into the US retail space.
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Sources said the agency first considered a debt raise but recently pivoted to a sale process.
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As data privacy litigation increases, insurers increasingly lean on exclusions.
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Tangram will become the inaugural portfolio company of Balavant Insurance.
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