brokers News

ABI, UK Government, BIBA Team up to Help Older People Find Insurance

A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto] and travel insurance under an agreement between the ABI, the Government and the British Insurance Brokers’ Association (BIBA).” The agreement, …

PwC, CBI Survey Finds, Growth ‘Modest Optimism’ in UK Financial Services

A new survey, released by PricewaterhouseCoopers LLP (PwC) and the Confederation of British Industry (CBI) highlights an “unexpected rise in employment,” as well as growth and “modest optimism” in the UK’s financial services sector, including Britain insurers and brokers. “The …

A. J. Gallagher Acquires Canadian Broker BenefitLink Resource Group

Arthur J. Gallagher & Co. announced the acquisition of BenefitLink Resource Group, Inc., in Calgary, Canada. Terms of the transaction were not disclosed. The bulletin said BenefitLink was established in 2001, as an employee benefits insurance broker and consultant, providing …

UK Broker BMS Launches New Global Construction Initiative

Independent global broker BMS Group announced that it has launched a new global construction initiative, to be headed by Gavin Madell, who has over twenty years’ experience in the field. BMS said the new team “will provide an enhanced service …

Endorsements for All Business Classes in London Go Electronic Says LMG

The London Market Group (LMG) announced that the electronic endorsements initiative will extend to all classes of business as of today, the 5th of March. The extension of the services pilot program to all classes comes less than a year …

New London Broker Q360 Launched in Partnership with Tawa

A new London-based broker, Q360, has been launched with Tawa providing the capital backing. Q360 Ltd will initially operate within the business sectors of onshore energy, property, binding authorities, professional indemnity and non-recourse finance construction. The new wholesale firm will …

Miller Names Cunningham, Wauchope for Political, War, Trade Credit Risks

The UK’s Miller, a London-based specialist insurance and reinsurance broker, announced that it has appointed James Cunningham and Ewan Wauchope to bolster the broker’s political risk, trade credit and political violence capabilities. Cunningham joins Miller from Marsh. He has 20 …

Lime-St.com For Underwriters Launches Cloud Computing for Insurers

London Market technology specialists TriSystems has announced the launch of a new electronic underwriting service to complement their electronic broking platform, which, the company said, marks “a significant shift from the tactical to strategic use of messaging software. “Lime-St.com For …

Marsh Completes Acquisition of Alexander Forbes’ Brokerage Business

Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies announced that it has completed its previously agreed acquisition of the brokerage business of South Africa’s Alexander Forbes. Marsh said the “transaction comprises its South African insurance broking operations, Alexander Forbes …

Hub International Enters Latin American Market with Harmonia Tie-up

Hub International is expanding into the Latin American market as the result of a merger agreement with Brazilian broker Harmonia Corretora de Seguros Ltd. The deal marks the first expansion for Hub outside the U.S. and Canada. The agreement makes …