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Ryan Specialty Agrees to Buy Socius
BI – May 23, 2022 – Specialty intermediary Ryan Specialty Group Inc. said late Tuesday it has agreed to buy rival Socius Insurance Services Inc.,…
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RenaissanceRe to Buy AIG Unit Validus Re in Near $3B Deal
BI – May 23, 2023 – (Reuters) — Insurer RenaissanceRe Holdings Ltd. said on Monday it would buy American International Group Inc. treaty reinsurance business,…
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Acrisure Reorganizes Operations, Changes Branding Strategy
BI – May 22, 2023 – Acquisitive insurance brokerage Acrisure LLC on Monday said it will implement a regional organizational structure for its operations and…
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Marsh McLennan Agency Promotes Exec to President Role
BI – May 22, 2023 – Marsh McLennan Agency, the small and midsized brokerage unit of Marsh LLC, said Monday it has promoted Denise Perlman…
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Beazley Launches Streamlined Miscellaneous Medical Liability Product
IBA – May 17, 2023 – Specialist insurer Beazley has announced the launch of a streamlined miscellaneous medical liability product (MiscMed) in both the US…
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Gallagher’s RPS Snaps Up MGA
IBA – May 15, 2023 – Arthur J Gallagher (Gallagher) subsidiary Risk Placement Services (RPS) has bought managing general agency RHP General Agency.
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GMI Expands Coverage to Include Stand-Alone Workers’ Compensation for Contractors and Hundreds of Other Business Classes
PHOENIXVILLE, PA, [MAY 7, 2023] Managing General Agent GMI Insurance (GMI) announced today that it is expanding its existing coverages to include a competitive, stand-alone…
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AXIS Capital Makes Two Leadership Appointments
IBA – May 10, 2023 – AXIS Capital Holdings has announced two appointments to newly created positions within its specialty insurance business.
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Insurity and VIPR Unite for Seamless, Automated Program Management
HARTFORD, Connecticut – May 9, 2023 – Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced it has partnered with…
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Coalition Announces Executive Risks Offering for Nonprofits
IJ – May 8, 2023 – Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations.
