Spanish market News

Lockton Signs Strategic Partnership With Spanish Re/insurance Broker Jhasa

Lockton, the world’s largest independent insurance broker, announced it has signed a long-term strategic agreement with Jhasa, a Spanish independent insurance and reinsurance broker that specializes in the construction, energy and M&A sectors. Following this agreement, effective immediately, Jhasa will …

Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin

Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European, as part of its continued growth strategy …

Long-Term Drought in Spain Expected to Bring More Heatwaves, Wildfires

MADRID (AP) – Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires. The country’s Aemet weather agency said …

BMS Acquires Spanish Broker Viafina, a Surety Insurance Specialist

BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker. The acquisition is set to complete in February 2023, with BMS acquiring Viafina …

Everest Insurance Continues Global Expansion, Launching Branch in Spain

Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain — trading as Everest Insurance (Ireland) DAC, Sucursal en España. The Spain …

Howden Buys Spanish Broker March Risk Solutions, Forms Alliance With Banca March

Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent company and one of the region’s pre-eminent investment banks. …

BMS Acquires Spanish Specialty Broker Eisenar

BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker. The terms of the acquisition were not disclosed. Eisenar was founded in 2001 by Eugenio Sanchez-Belda and is …

Markets/Coverages: BHSI Launches Multiple New Policies in Spain

Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of new property damage, general liability, D&O, professional indemnity and marine cargo insurance policies in Spain. “Launching our proprietary policy wordings in Spain is indicative of our commitment to leading domestic and …

Acrisure Continues Global Expansion With Acquisition of Spain’s Summa Brokerage

Michigan, U.S.-based financial services and insurance brokerage firm Acrisure reports it has acquired a top insurance brokerage in Spain, Summa Insurance Brokerage. Since its founding in 2005, Summa has grown revenues to more than €11.5m ($13m) and expanded its offices …

Insurance Services Provider McLarens Opens Madrid Office

Global insurance services provider McLarens has opened a new office in Madrid, Spain. In addition to expanding its European footprint, and handling losses in Spain for McLarens’ global client base, the office will serve Spanish and global clients with interests …