Agents & Brokers News

Arthur J. Gallagher Acquires UK Property-Owner Insurance Broker, RGA Group

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-headquartered broker, announced the acquisition of three UK insurance intermediaries – Rentguard Ltd., Home & Travel Ltd. and RGA Underwriting Ltd. – collectively referred to as RGA Group. Terms of the transaction …

Canada Insurer The Co-operators Acquires Quebec Broker, Cadieux Beausejour Dupras

Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc. Financial details of the deal were not disclosed. The brokerage’s portfolio includes personal and commercial insurance policies. Any existing insurance coverage will remain in effect …

New Specialty Broker McGill & Partners Forms U.S. Subsidiary

The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company’s founder Steve McGill has confirmed. When McGill & Partners announced its launch in May 2019, the London-based company …

Aon Forms Global Accident, Health & Life Group in Its Reinsurance Business

Aon plc has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in this evolving sector. The group will be chaired by Roger Smith, who was previously …

Canada Broker Westland Insurance Buys First West Insurance Services

Canadian broker Westland Insurance Group Ltd. announced the acquisition of First West Insurance Services, a subsidiary of First West Credit Union, effective Sept. 30, 2019. Financial details of the transaction were not released. First West Insurance Services provides personal, auto …

Arthur J. Gallagher & Co. Acquires Wales-Based Adjusting Associates

Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett International Ltd., has acquired the assets of Llantrisant, Wales-based Adjusting Associates LLP. Terms of the transaction were not disclosed. Established in 2002 to provide loss adjusting …

Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary

Specialist independent Lloyd’s broker SSL Endeavour Ltd. announced it is planning to launch a wholly owned subsidiary, SSL Endeavour Insurance Brokers Ltd. Cyprus & Greece, pending regulatory approval. Headquartered in Cyprus with a branch office in Athens, SSL Endeavour Cyprus …

Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd.

Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity insurance. Founded in 2017, PRL’s underwriting team is comprised of James Rasmussen and …

Canada’s Navacord Joins Brokerslink Global Network

Navacord, the Ontario-based commercial broker, has joined global broking business Brokerslink as the network’s latest affiliate in the North American region. Navacord, which trades under 15 different broker partner brands across Canada, has an ownership model that allows its partners …

Florida’s AssuredPartners Acquires UK-Based Hettle Andrews

AssuredPartners Inc. has acquired Birmingham, England-based Hettle Andrews & Associates Ltd. The transaction is subject to customary approval by the Financial Conduct Authority and the deal terms have not been disclosed. Hettle Andrews is an integrated risk management and insurance …