2021 German Industrial Insurance Market Outlook for Machinery and Plant Manufacturers
According to recent studies, Germany is one of the most innovative nations in the world. A key innovation and export driver in Germany is mechanical and plant engineering. In 2018, 4 out of 5 mechanical engineering companies introduced a process or [...]
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In the TRC network, we are pleased to announce that the following international partners have joined the network in 2020. We warmly welcome all new partners and look forward to a successful future and cooperation together. CAC Specialty Founded [...]
Work From Home Is Not the Future of Work
Why we are not all going to be working from home in the future! As we may be nearing the end of the pandemic, there is no consensus about how the future of work will look like. There is a great [...]
New Insurance Tax Act in Germany
FINC as a Solution to Avoid Double Taxation in Non-EEA-Countries? The modernization of the Insurance Tax Act passed by German federal parliament in 2020 led to criticism from many German insurance brokers operating internationally. One of the reasons for this is [...]
Japan plans to further improve paternity leave law
Last year Japan´s Environment Minister Shinjiro Koizumi caused a sensation with the announcement of a two-week paternity leave. He is the first Japanese cabinet minister to take childcare leave, after the birth of his son. The then 38-year-old explained that he [...]
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TRC expands its network in Canada and officially welcomes Cowan Insurance Group to the TRC network. Cowan is a leading independent Canadian-owned insurance brokerage and advisory firm with nearly 500 employees in 11 different locations across Canada. Cowan Insurance Group and its [...]
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Higginbotham, a Fort Worth, Texas, insurance brokerage, has acquired Lipscomb & Pitts Insurance LLC of Memphis, Higginbotham said in a statement Monday. Terms of the transaction were not disclosed. Lipscomb & Pitts has 134 employees in Memphis, Nashville and Chattanooga, Tennessee; Jonesboro, [...]
AnaCap Financial Partners invests in MRH Trowe
AnaCap Financial Partners, a London-based financial services specialist mid-market private equity investor, announced a “significant” growth investment into MRH Trowe (MRHT), an independent top 10 industrial and commercial lines German insurance broker. AnaCap said it will join the MRHT management team as [...]