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As the next generation of Names comes to the fore, advisers urge simplification.
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The firm said supply and demand was becoming more in balance than at 1 January renewals.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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Managing director Nick Bacon will also exit this summer.
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The team is led by industry veteran John Lentaigne.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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Assurex Global’s partner firms place $46bn of premium across the world.
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The broker will be based in Oslo and drive expansion in the Nordic region.
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The only major product line to see rate increases was casualty.
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A roundup of all the news you need, including Ash Bathia’s retirement announcement.
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The board of directors was unanimous in its decision.
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Combating depressed trading on the LSE and a delayed hard market shift has held back the firm.