Broker News
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News
The biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 22 to 25 April 2025
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 22 to 25 April 2025
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The biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 22 to 25 April 2025
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Lloyd’s broker offloads specialist team to SRG after strategic review
‘All clients are in the process of being contacted directly and reassured of our joint effort to provide continuity and minimum disruption,’ says chief executive
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Global commercial insurance rates fall for third consecutive quarter – Marsh
‘We expect the overall trend to continue and for insurer competition to intensify, barring unforeseen changes in conditions,’ says global placement president
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Former EY boss joins Oxbow to expand its UK&I general insurance practice
’It’s exciting to be joining the team at a time when the market is evolving,’ says appointee
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JMG Group expands UK presence with trio of acquisitions
’These acquisitions reflect the strength of our businesses and their confidence in the support we provide,’ says chief executive
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Surge in broker demand across non-standard home and motor market
‘These findings reaffirm what we hear from our broker partners every day – non-standard is where opportunity lies,’ says managing director
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Ecclesiastical to open new Glasgow office after surge in Scottish business
’We want to grow the business further and be the first choice for Scottish brokers in our target markets,’ says intermediary managing director
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Broking group expands in Suffolk with purchase of commercial broker
’Being part of a larger broker means we will benefit from an increased presence in the market,’ says founder
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Howden secures another sport sponsorship deal
’We’re already two like-minded organisations,’ says chief executive
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UK broker accused of failing to prevent international bribery
Representatives of the firm have been ordered to appear before Westminster Magistrates’ Court
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International broker completes MBO after selling UK arm
’It provides us with access to new funding that we will use to grow our offices, services, capabilities and technology,’ says chief executive
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Industry warned of looming insurance leadership crisis after M&A surge
’Whether leaders leave for new jobs, or leave the sector altogether, they will take with them years of experience, in some cases decades,’ says chief executive
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AI usage in insurance is an ‘evolution, not revolution’ – Hiscox
Insurer’s head of technology emphasises that AI is ’a tool to enhance existing practices’, rather than act as a replacement for current people and processes
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Howden Re expands capital and operations solutions practice with senior hire
’Our capital and operational solutions team has gone from strength to strength as it continues to attract top talent,’ says deputy chief executive
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Munich Re completes sale of marine specialist founded in 1826
The decision to sell ’was driven by a reflection on our strategic goals and plans for the next stage of our own growth’, says managing director
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Ex-Ardonagh Specialty M&A leader joins Atec Group
’I’m delighted that we continue to attract this calibre of young talent to the group,’ says chief executive
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Partners& restructures GI business with nine senior hires
’The colleagues stepping into these roles will lead our teams to provide the care, advice and support that clients deserve,’ says chief executive
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Brown and Brown acquires Kenilworth-based commercial broker
’We look forward to the opportunities that lie ahead, which will benefit both our customers and our dedicated team,’ says director