UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million in cash. The deal was first announced in May. Ardonagh has acquired 100% of Ed Broking Group and Besso Insurance, …
The Ardonagh Group, a leading UK insurance broker, announced it has agreed to acquire the insurance operations of BGC Partners Inc. for $500 million in cash. The transaction is expected to close in the second half of 2021, subject to …
BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests of BGC Partners Inc., a global brokerage and financial technology company, subject to regulatory consent. Corant will comprise the broking …
Ed Broking, the London-based reinsurance, wholesale and specialty broker, announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the e-trading platform that is used in-house by BGC insurance companies* globally, is now available to …
BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners. Since the division was launched during the second half of 2019, it has been …
BGC Partners, Inc., a global brokerage and financial technology company, announced it has completed the acquisition of Ed Broking Group Ltd., the London-based independent Lloyd’s broker. BGC acquired 100 percent of Ed, which includes broking operations under the Ed brand …
Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking in London. His appointment is subject to regulatory approvals and he will take up his role once the acquisition of …
Ed, the London-based reinsurance, wholesale and specialty broker, announced that it would be acquired by a subsidiary of BGC Partners, Inc (BGC), a global brokerage and financial technology company. Financial details of the deal, which is subject to a number …
BGC Partners Inc., a London and New York-based broker serving the financial and real estate markets, announced it has completed the acquisition of Besso Insurance Group Ltd., an independent Lloyd’s of London insurance broker specializing in property, casualty, marine, aviation, …
