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The insurance industry is looking to play a part in supporting the rebuild of the war-torn country. -
Pantheon Specialty will assume 100% ownership of Denison and Partners, another BP Marsh-backed broker.
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Miller is now using Whitespace for casualty business in a move to leverage the e-trading platform's data-capture functionality.
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Amplify will initially cover property before moving into other lines, such as financial and professional liability and cargo.
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Brown & Brown was ranked as the largest MGA Group in the world as the first to generate more than $1bn in annual revenue.
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Ebitda multiples for MGAs are undented by rising interest rates, report claims.
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The US retailer’s acquisition of the UK MGA and broking group will be mutually beneficial, according to executives.
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The transaction is expected to close in the fourth quarter, subject to regulatory approvals. Financial details were not disclosed.
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The executive takes on the role vacated by former Enstar M&A chief Jonathan Zisaruk.
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The broker said it intends to vigorously defend itself against Aon’s allegations concerning the departure of fac re employees.
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Juan Carlos Gomez will report to CEO of BMS International Nick Gillett.
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Aon claims that Alliant has poached around 32% of Aon’s facultative reinsurance group, including 18 of the 25 Aon employees in the casualty fac team at all levels.
