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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Carriers surveyed cited access to niche markets as a key strength.
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Even if M&A activity picks up, Atlantic does not expect R&W rates to jump significantly.
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K2 Cyber is entering an increasingly crowded cyber market.
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California, Texas and Florida rose 15.7% in February and 29.1% in January.
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The MGA will grow in specialty lines via talent recruitment and M&A coupled with technology enablement.
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Allianz has previously entered several capacity arrangements with the MGA.
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Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
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The company is on a five-year growth plan, aiming to hit $100mn in premiums by 2029.
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Capital funding new litigation dropped 16% YoY, however.
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Joe Cala will leave the carrier after nearly 13 years on the product recall team.
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