NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm. Financial details of the transaction were not disclosed. NFP plans to integrate Clay GBP into its subsidiary Ground Control Business …
Marsh, the insurance brokerage business of Marsh McLennan, announced that it has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based insurance brokerage. Terms of the acquisition were not disclosed. Founded in 1992 by the current partners together with Giancarlo Fontana …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed. …
Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides commercial and personal insurance products as well as tailored life …
Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage. Founded in 2017, Fuse has built a strong reputation for managing complex risks in industries such as ecommerce, healthcare, …
Price Forbes, the London-based broker, has announced three key appointments in Turkey and a rebranding of its local business. Gökçen Süer has been named chairman & CEO of Price Forbes Turkey while Ali Arısoy was appointed chief broking officer and …
Howden, the London-based global insurance intermediary group, announced the acquisition of aviation specialists Forbes Insurance Ltd., and the acquisition of the book of business from Hill Aviation Insurance Services Ltd. Financial details of the acquisitions were not disclosed. Forbes Insurance …
Ahoy! Insurance, calling itself an insurance company built by boaters for boaters, has expanded into Florida, one of the world’s largest recreational boating markets. The excess and surplus lines broker was founded in 2021 by Amit Nisenbaum, a former Israeli …
The Clear Group, the London-based insurance intermediary, announced the acquisition of broker Phelan Caswell Insurances, based in Dublin, Ireland. The deal also sees Clear acquire the financial planning assets of the business. Financial details of the deal were not disclosed. …
WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023. However, the broker saw a net loss for the year of $88 million, compared …
