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Brown & Brown News
Latest news from Brown & Brown
The broker is seeking an injunction, arguing it lost customers to Howden over the weekend.
This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle.
Sources said hundreds of Brown & Brown staff across various offices have left to join Howden US.
The Insurance Insider US news team runs you through this week’s key agency M&A.
Investors recalibrate their expectations for the segment as the soft market approaches.
The retail heavyweight uses around 1,000 trading partners to access the wholesale channel.
Success in the soft market will be had when careful preparation meets opportunity.
The CEO noted that 45% of Everest’s US casualty book did not renew this quarter.
Rate pressure on wind and quake partially offset overall Q3 programs growth.
The Insurance Insider US news team runs you through the earnings results for the day.
The London-based executive will relocate to Daytona Beach, Florida.
The broker is understood to manage Brown & Brown’s account at Howden.
The business is beginning to integrate following a $9.8bn acquisition.
The executive has been serving as COO since February.
The move includes One80 Intermediaries, formerly part of Risk Strategies.
Not everyone will emerge unscathed as brokers navigate the slow-growth environment.
The Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
Brown & Brown fell 10% and Ryan Specialty 8% as investors digest the deteriorating outlook.
The broker posted a 6.5% drop in organic growth YoY.
Some E&S business is flowing back to the admitted market but so far it is “anecdotal”.
This is its second significant wholesale acquisition this year following the $54mn takeover of NBS.
The Insurance Insider US news team runs you through the earnings results for the day.
Weatherbys Hamilton provides private client, bloodstock and farm coverage.
The broker is targeting run-rate synergies of $150mn by the end of 2028.
The $10bn acquisition of Risk Strategies is the biggest broker deal relative to size we have seen.
Competitor news
Competitor news
Competitor news
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The federal judge said South has direct knowledge about a previous raid involving Aon. -
The parties now have 60 days to file a stipulation to dismiss the action.
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The company also promoted Zulma Suarez to CEO of Colombia and Venezuela.
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The deal valued the tech-driven broker at over ~21x 2025 adjusted Ebitda, suggesting a hefty premium.
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A motion to dismiss argues the case should not have been filed in federal court.
Insider On Air: Our Webinars & Podcast Channel
Behind the Headlines Podcast
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What were the defining moments that shaped the insurance market in 2025?
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How do you harmonise distribution strategies in a rapidly evolving marketplace?
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In Partnership with AXISMichael McKenna, Head of North America Specialty Insurance, AXIS, outlines the key trends shaping the industry as 2025 comes to a close and underscores that talent acquisition and rapid technology integration will be critical for specialty insurance in 2026.
From our other titles
From our other titles
From our other titles
From Insurance Insider
Insider Outlook: Year in Review
From cat losses from wildfires and hurricanes to litigation battles to the shifting commercial insurance landscape — these are the stories that defined our industry in the last 12 months.
In celebration of Insurance Insider US Honors Awards, please enjoy our Year in Review video.
From Insurance Insider US
Commercial lines rate increases slow to 3.8%: WTW
The figure is down from 5.9% in Q2 2024.
From Insurance Insider
LIVE from Monte: Mereo CEO Croom-Johnson
While investors recently have favored the “instant gratification” of supporting brokers and MGAs, start-up reinsurer Mereo CEO David Croom-Johnson said he thinks capital will “fall back in love” with balance-sheet companies who deliver consistent profitable results.
From Insurance Insider ILS
Hannover Re outlines ILS plans as Ludolphs to retire at end of 2026
Hannover Re Capital Partners is in talks with two investors for 1 January launch.
From Insurance Insider
LIVE from Monte: Paul Campbell, Global Growth Officer for Aon’s strategy & technology group
Paul Campbell details how the most profitable insurers act during a soft versus hard market.
From Insurance Insider ILS
Ascot aims to establish Wayfare Re as an 'evergreen' source of capital
The global specialty player is also exploring ILS offerings across specialty and cat bonds.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.