Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial services and healthcare industries. The partnership …
Guy Carpenter, the reinsurance business unit of Marsh McLennan, announced the formation of the Capital & Advisory group as part of its Global Capital Solutions unit. The business also announced the appointment of Alexander Schnieders as global head of Capital …
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced that its specialist underwriting subsidiary Pen Underwriting has acquired Ireland’s Wrightway Underwriting Ltd. Terms of the transaction were not disclosed. Based in Wexford, Ireland, Wrightway is a managing general …
Chartered insurance broker Verlingue Ltd. has established a new dedicated construction practice to serve the UK’s fast-growing construction industry. The practice, led by Harvey Monk, sales director South, brings together a team of specialists from across Verlingue in one streamlined …
Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon Services S.A., subject to regulatory approval. Financial details of the deal, which is …
Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc. Axis Insurance said it made its initial investment in Magnes in 2015. Financial details of the transaction were not disclosed. Founded in 1933, Magnes …
Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture & Beverage practice that focuses exclusively on the region. The new Food, Agriculture & Beverage practice will deliver tailor-made insurance solutions …
NFP, an Aon company and international insurance brokerage and consulting firm, announced it has acquired HELPGB, a human resources and health and safety consulting business. Financial details of the deal were not disclosed. Clark Hunter, director of HELPGB, will remain …
Warburg Pincus and Singapore’s Temasek Holdings Pte agreed to acquire Specialist Risk Group Ltd., an independent insurance intermediary based in London. The management team of Specialist Risk Group will continue to hold a significant stake, investing alongside Warburg, a private …
MDS Brazil, a subsidiary of Ardonagh-owned MDS Group and one of the country’s major brokers, announced it intends to acquire D’Or Consultoria, a health, dental, life insurance and pensions broker from Rede D’Or Sao Luiz. S.A. The transaction, which has …
