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The judge ruled the deal relied too heavily on Bermuda law for US law to apply. -
Succession, heavyweight M&A and expanding beyond its core will all test the broker.
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On the rate environment, Schnitzer said the amplitude of the pricing cycle is shrinking.
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The broker has emerged as the emphatic winner of the supercycle, but new tests are coming.
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This publication revealed the planned stake purchase earlier this week.
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Underhill spent nine years at BHSI as global head of transactional liability.
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In May, this publication revealed that Warburg was among the PE bidders for KAP.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Apax and Carlyle will continue to back the broker consolidator.
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The MGA opened the door for potential growth via M&A besides organic growth, team hires and carrier carve-outs.
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A London wholesaler broker would be a compelling second move.
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The FTC granted early termination of the waiting period, leaving the acquisition on track to finish in early 2026.
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