Gallagher integrates new Turkish operation
Us-based Gallagher yesterday announced that it has fully integrated its Turkish subsidiary Brokers’ House, and the business will be branded Gallagher from next Monday, 19 September. The development marks Gallagher’s first direct presence in Turkey following the acquisition of Brokers’ House in [...]
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Big news in the GGW Group: BDJ, the long-established industrial insurance broker and underwriter, becomes part of the broker group headed by Dr. Tobias Warweg. The brokerage division of the Hamburg-based company will be closely integrated with GGW's brokerage business. However, brand [...]
Australian broker to buy UK wholesaler Tysers for $620 million
Australian insurance broker AUB Group said on Monday it would buy London-based Lloyd’s of London wholesale insurer broker Tysers for 880 million Australian ($620.5 million) to expand the range of its products. Tysers, the sixth-largest wholesale broker in the Lloyd’s marketplace, has [...]
Consorcio de compensación de seguros in Spain
The cover provided through the state Consorcio pool, as well as the obligations and problems associated with it, usually raise a number of questions. We are trying to give a global overview, details directly on the web www.consorseguros.es ; English version. [...]
South Africa – Santam takes full control of Indwe Broker Holdings
Santam, South Africa’s largest non-life insurer, has taken full control of Indwe Broker Holdings after acquiring the shareholding from African Rainbow Capital Financial Services and Sanlam. Before the transaction, Santam held 24% of Indwe, while ARC Financial Services owned 51% and Sanlam [...]
Australian broker to buy UK wholesaler Tysers for $620 million
Australian insurance broker AUB Group said on Monday it would buy London-based Lloyd’s of London wholesale insurer broker Tysers for 880 million Australian ($620.5 million) to expand the range of its products. Tysers, the sixth-largest wholesale broker in the Lloyd’s marketplace, has [...]
Manage growth: International acquisitions and insurance coverage
Manage growth: International acquisitions and insurance cover Acquisitions in an international context are a challenge. This also applies with regard to dealing with risks and ensuring adequate insurance cover. What should be considered before, during and after a transaction from the [...]
Ukraine Crisis – Cyber insurance
Since the start of the war in Ukraine, fears of cyber-attacks due to parallel hybrid war are increasing. In this article we explain how the insurance industry is reacting and how the war clause affects conditions. Is there an increased cyber threat [...]