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Acrisure recently raised $2.1bn from investors in its latest step towards an IPO.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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Acrisure followed the recaps of Hub International and Broadstreet Partners.
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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 executive will also continue as MD overseeing Caribbean fac.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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Spicer will transition to a global specialty executive chairman role.
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The broker called on carriers to expand coverage into new specialisms.
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Two large storms hit the Midwest and Ohio Valley regions on May 14-17 and May 18-20.
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The executive will take the global role alongside his existing US responsibilities.
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Additional investors include Fidelity, Apollo Funds and Gallatin Point.
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As with 2024, pricing pressure has been most acute on top layers.
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