Industry Segments: Brokers Page 14 / 41
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- March 1 2023
BMS acquires Sydney broker Armstrong Nisbet
Armstrong Nisbet Insurance Brokers is a construction and engineering specialist that has insured iconic projects such as the Sydney Opera House.
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- February 28 2023
Amwins takes minority stake in Australia MGA incubator
The global broker is investing in Rhodian which is building a network of underwriting agencies through its own technology and capacity relationships.
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- February 24 2023
Steadfast-owned Insurance Brands Australia acquires Melbourne broker
The target, Southern Cross Brokers, has merged with the IBA-owned Insurance House team.
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- February 22 2023
Steadfast sees 27.2% revenue growth in H1 as GWP climbs 14.7%
The Sydney broking group is on target to complete US$150m of trapped capital acquisitions this fiscal year.
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- February 22 2023
AUB’s H1 net profit falls on acquisition costs, but underlying earnings rise strongly
CEO Michael Emmett said Tysers was outperforming expectations with underlying net profit of US$12.3m in three months.
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- February 22 2023
PSC bolsters H1 top line by 15%, ups FY profit guidance
The Melbourne broker benefited from recent acquisitions, including in Hong Kong, and 9% organic growth, as it registered net profit of US$14.7m.
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- February 22 2023
Hong Kong’s Nova Insurance sees 20.7% revenue growth in first half
The broker's revenue climbed to US$7.8m, helped by an increase in professional indemnity and trade credit lines.
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- February 20 2023
Lockton hires from Aon to build Australia, NZ and Pacific affinity SME unit
Tanya Dasgupta, who has almost 20 years of sector experience, has joined Lockton as national manager – affinity schemes.
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- February 17 2023
AUB upgrades profit guidance as Tysers performs ‘ahead of expectations’
The broker expects US$32.3m of profit for H1 2023, which is 8.5% above the mid-point of the guidance.
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- February 15 2023
Marsh McLennan promotes Renée McGowan to India/MENA CEO
The new role for the Mercer president of Asia, Middle East and Africa is part of a series of regional appointments at the broking group.
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- February 15 2023
Ramon International elevates Lee Ellis to chief strategy officer
London-based Ellis will assume board roles across international operations of the Lloyd's broker, which entered Asia last year through the acquisition of CKI Korea.
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- February 13 2023
WTW bolsters Singapore credit and political risk practice
Deesha Doshi, who has worked at several international banks, joins as an executive director in the Lion City.
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- February 10 2023
Lockton appoints ex-JLT Australasian CEO as Pacific president
Leo Demer will work closely with Paul Marsden, Lockton’s CEO (Australia and Pacific) and starts on February 13 in Sydney.
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- February 9 2023
Marsh McLennan in Asia leadership reshuffle
David Jacob has been promoted to CEO of Marsh McLennan Asia, while James Addington-Smith takes charge as Marsh Asia president.
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- February 9 2023
Aon names Stephen Rudman as Asia head of marine
Rudman, who joins from Gallagher, will be based in Singapore and reports to Paul Young, head of commercial risk solutions for Asia.
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- February 7 2023
Andrew Harris to lead reinsurance for Oneglobal Singapore
Market veteran Harris will provide capital and placement solutions for climate change-affected nat cat risk exposures across Asia Pacific.
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- February 7 2023
Gallagher continues deal spree with Melbourne broker buy
Professional Insurance Solutions, led by John Whiteside, was set up in 2008 and is focused on SME clients.
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- February 7 2023
WTW appoints Nicky Eveleigh as New Zealand P&C leader
Based in Auckland, Eveleigh reports to the broker's country leader Michael Brown.
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- February 3 2023
Hong Kong’s MHK buys Lombard International Singapore
The deal is specialty (re)insurance and HNW life broker MHK Insurance Services' first overseas M&A foray.
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- February 2 2023
Honan snaps up Ardrossan Insurance Brokers
Melbourne-based Ardrossan was established by Nick Harvey in 2013 and works with sectors including manufacturing, retail, hospitality, finance, property, logistics, construction and sport.
