Lloyd’s Broker News

Global Risk Partners Completes Acquisition of LONMAR

Global Risk Partners Ltd., the insurance broking and managing general agency (MGA) investment vehicle, has completed its backing of the management buyout of LONMAR Global Risks, the London-based specialist Lloyd’s broker. Originally announced last month, the transaction was subject to regulatory …

Global Risk Partners Backs LONMAR’s MBO, Supporting Its Growth Strategy

Global Risk Partners, the acquisitive insurance broking and managing general agency (MGA) investment vehicle, has agreed to back the management buyout of LONMAR Global Risks, the specialist Lloyd’s broker. The transaction is subject to regulatory approval. LONMAR’s management team, led …

Dubai-Based Chedid Re Announces Registration as Lloyd’s Broker

Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker. Chedid Re, which is a subsidiary of the Lebanese group Chedid Capital Holding, said this business move comes as a natural extension of the …

Willis Completes 85% Stake Buy in UK Wholesale Broker Miller

Willis Group Holdings announced that following receipt of all necessary regulatory approvals, it has completed its investment in Miller Insurance Services LLP, thereby creating a major London wholesale specialist insurance brokerage firm. “The transaction combines the firms’ respective wholesale businesses to …

Kinetic Insurance Brokers to Provide New Surety Bond Facility for UK, EU

Lloyd’s broker, Kinetic Insurance Brokers Limited announced that it has “entered into a multi-million pound underwriting agreement with Gable Insurance AG to underwrite Specialist Commercial Surety Bonds within the UK and EU markets.” The bulletin explained that this is a …

Stenzhorn, Bateman Join Lloyd’s Broker Howden’s Energy Division

UK-based Howden Insurance Brokers announced the second phase in the development of its Energy division with the appointments of Greg Stenzhorn and Richard Bateman. Stenzhorn will join Howden from Aon Benfield on the 15th of September, and will focus primarily …