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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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Macroeconomic volatility could also create top-line headwinds.
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The commercial risk and reinsurance units delivered mid-single-digit growth.
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Sources said the firm retained Ardea to run the process.
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The program will offer liability coverage up to $5mn per occurrence.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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In an interview, Blue spoke about integration, organic growth, M&A and current market uncertainty.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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The only major product line to see rate increases was casualty.
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The deal echoes Lightyear’s earlier investment in Inszone Insurance.
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Imported goods account for 30%-50%+ of materials used for HNW homes, versus 15%-25% in standard houses.
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