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The deal follows Bishop Street’s acquisition of Ethos’ TL operations from Ascot.
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The loss figure has increased 200% from the initial number provided in October.
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Amwins is working to build out its London underwriting business.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.
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The carrier can write marine on company and Lloyd’s platforms after the Probitas deal.
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Other capacity supporting the syndicate is mostly individual Names, sources have said.
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The broker’s US retail foray will throw the cards in the air. Where might they land?
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The marine MGA is continuing to build out its staff base and product offering.
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The investment banker said the scarcity of attractive assets made the MGA market “red hot”.
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In Partnership With Allianz CommericalWhat should we expect in the world of deal-making in 2025? According to Tony Ursano of Insurance Advisory Partners, the stage is set for a spree of transactions. In Lloyd's, it's a question of when, not if deals will take place. Meanwhile, the MGA market remains "red hot".
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The exits include several senior brokers who were previously with JLT and Hayward Aviation.
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Earlier this month this publication revealed that the brokerages were in advanced talks to secure a deal.