Agents & Brokers News

Howden Acquires Italy’s Tower SpA

Howden, the London-based insurance broker, announced the acquisition of Tower SpA, a Vicenza, Italy-based specialist insurance broker and risk consulting company. This follows the acquisition of the highly regarded Andrea Scagliarini SpA in July 2021, and reinforces Howden’s commitment to …

Specialist Risk Group (SRG) to Acquire Bridge Insurance Brokers’ Special Risks Team

Specialist Risk Group (SRG), the London-headquartered broker, has entered into an agreement to acquire Bridge Insurance Brokers’ Special Risks team. The London-based team, led by Jonathan Starkey and David Walker, has deep expertise in arranging insurance programs for businesses operating …

Xenia Broking Buys Trade Credit & Surety Business From Tysers

The credit insurance and surety specialist, Xenia Broking Group Ltd., announced it has acquired the UK whole turnover trade credit and surety business of Tysers Insurance Brokers Ltd. The transaction completed onJan. 11, 2022 and marks Xenia’s eighth acquisition to …

Movo Partnership Acquires 3 Commercial UK Brokers

Movo Investment Group Ltd., the parent company of the Movo Partnership network (Movo), announced it has completed the acquisition of three commercial brokers in the UK. Chiltern Insurance Group, based in Reading; FLS General in Essex; and Kidd Insurance in …

Nominations Open for Insurance Journal’s Agents of the Year

Insurance Journal is now accepting nominations for its annual “Agents of the Year” report. Are you a top property/casualty independent insurance agent? Do you know someone who is? Then submit information to be considered as a 2021 Agent of the …

UK Broker Aston Lark Buys Phoenix Healthcare in 2nd UK Acquisition of 2022

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Phoenix Healthcare (UK) as the latest addition to the group. Established in 1996 in Oadby, Leicester, Phoenix Healthcare is a leading independent UK broker and …

Canada’s Western Financial Group Buys Ontario Insurance Brokerage Wiesner Insurance

Canadian insurance broker Western Financial Group has acquired Wiesner Insurance Inc., a high-end full-service insurance brokerage located in southern Ontario. Originally founded in 1991 by Jason Wiesner, Wiesner Insurance Inc. is an independent brokerage serving customers in and around Brampton, …

UK Broker Aston Lark Acquires Mainstay Insurance

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker Mainstay Insurance. Financial details of the transaction were not disclosed. Founded in 2013 by Richard Gorrill and headquartered in Hove, …

January Renewals ‘Orderly’ but Loss-Affected Programs Saw More Challenges: Carpenter

The January 1 renewals saw “ample capacity” for many lines, although reinsurers adjusted their risk appetite and pricing “for certain sectors in response to ongoing and emerging challenges,” according to a report from Guy Carpenter, the reinsurance unit of Marsh …

WSIA’s Diversity, Inclusion Director Sees Industry Progress, Commitment to Change

In an effort to continue its commitment to promoting diversity, equity and inclusion in the insurance industry, the Wholesale and Specialty Insurance Association (WSIA) recently hired Vanessa Sims as its first director of DE&I. According to the association, Sims will …