Broking

Trucordia acquires insurance business of DeLuca Agency and Denver Insurance Brokerage

Utah-based insurance brokerage Trucordia has acquired the insurance business of the DeLuca Agency and Denver Insurance Brokerage, which has offices in Colorado, Utah, and Maryland.

BMS names Phillips African practice leader

BMS Group has appointed Ryan Phillips as director and African practice leader.

Beba promoted to CEO of AssuredPartners retail

AssuredPartners has named Ty Beba as CEO of its retail business as the PE-backed intermediary continues to reshuffle its leadership team.

UIB Group expands in Asia with Nepal office

UIB Group has opened a new representative office in Kathmandu as the insurance brokerage seeks to expand its presence across Asia.

Stephens takes Accretive CEO role

John Stephens has taken over as CEO of specialty and wholesale broker and administrator Accretive Insurance Solutions, replacing Sean Smith following his move to take on the president role at parent AssuredPartners.

Lockton International appoints Drummond-Brady as NED

Lockton International has added former JLT executive Mark Drummond-Brady to its board as a non-executive director.

Acrisure names Quy London Wholesale MD

Acrisure has appointed Tom Quy as managing director of Acrisure's London wholesale division, with incumbent John Sutton to transition into a consulting role.

Guy Carpenter to acquire remaining 51.5% stake in Greece JV

Guy Carpenter has reached agreement to acquire the remaining 51.5 percent of shares in Athens-based reinsurance broker Carpenter Turner.

RPS adds Markel Group's Oh as national property president

Arthur J Gallagher’s wholesale unit Risk Placement Services (RPS) has appointed Markel’s Kevin Oh as its national property president, taking over a role that had been held by Wes Robinson.

AssuredPartners names Accretive's Smith as Vredenburg’s replacement as president

AssuredPartners has appointed Sean Smith as president of the company, including its retail and wholesale segments, filling a role vacated by Paul Vredenburg in July.

Hoffman: Aon cyber risk analyzer expected to drive placement outcomes, client wins

Aon’s new cyber risk analyzer will drive differentiated placement outcomes, give clients a deeper view of their cyber risk profile, and has the potential to drive new client wins, according to the broker’s Christian Hoffman.

Aon adds cyber risk analysis tool to its suite of risk analysers

Aon has announced the roll out of its Cyber Risk Analyzer, a new digital application to evaluate cyber risk across sectors, after launching similar tools for property, casualty and D&O in the past year.

Reagan Consulting: Brokers delivered 9.4% organic growth in Q3 of 2024

The US agent and broker channel posted organic growth of 9.4 percent in Q3 of 2024, which was higher than the first two quarters of the year but still short of the same period in 2022 and 2023, according to a survey by Reagan Consulting.

Trucordia hires Aon EVP Moran as COO

Utah-based insurance brokerage Trucordia has appointed Michael Moran, who was previously at Aon since 2005, as its COO.

Epic names Moyles co-president and Bundschuh chief growth officer

Epic Insurance Brokers & Consultants has appointed Philip Moyles as co-president alongside Tom O’Neil, with Gregg Bundschuh named chief growth officer.

Price Forbes expands US construction wholesale unit with BMS's Morgan

TWFG Q3 organic rev growth slows to 7.6% as adj Ebitda soars nearly 30%

TWFG’s organic revenue growth decelerated to 7.6 percent in the third quarter from 13.4 percent a year ago when the intermediary was privately held, but the firm’s adjusted Ebitda soared by 29.7 percent to $11.7mn from the prior-year period.