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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 Michigan-based firm will join Ryan Specialty’s binding authority division.
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The line is being launched by Joe Cala and Scott Harper, sources said.
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DUAEs are increasingly leveraging specialized expertise to address underserved risk.
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BP Marsh has subscribed for a 49% shareholding in the start-up MGA.
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Eric Seyfried and Glen Manjos are also departing Axis’ cyber and tech unit.
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Starr joins a panel that includes capacity from Axis and Skyward.
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The acquisition follows a strategic partnership the two struck last August.
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The company filed its S-1 in March, with a 2024 CoR of 93.9%.
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The executive was previously president of insurance programs.
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The purchase aims to bolster Markel’s marine product line in the Asia-Pacific region and EU.