Utah-based Trucordia has acquired Colorado brokerage Boulder Insurance Solutions, which serves small and mid-sized businesses.

Reinsurance intermediary Lockton Re has made two senior hires for its international P&C division.

Private equity-backed broker consolidator PIB Group has continued to bolster its European leadership with the appointment of Aon Germany’s Michael Hendriks as chief commercial officer (CCO) in Europe.

Arkansas-based Stephens Insurance has promoted Korosh Saba as its new president and CEO, and Lizzie Phillips Sanford as its chief strategy officer.

Lovell Minnick-backed employee benefits-focused general agency (GA) Warner Pacific has acquired five GAs from Acrisure and entered into a strategic alliance with the self-styled fintech firm.

Guy Carpenter has completed its acquisition of the remaining 51.5 percent of shares in Athens-based reinsurance broker Carpenter Turner.

Aon has completed its acquisition of Griffiths & Armour, the UK regional broker.

Howden has named Marsh McLenna’s Rohan Bhappu as deputy CEO of Howden Asia, with the new hire set to take the helm of the unit as CEO from October 2025.

International (re)insurance broker Consilium has reported 54 percent growth in managed gross written premium (GWP) for the year ending June 2024, with the Aventum Group subsidiary affirming its ambitious medium-term growth targets.

State-backed Flood Re has received backing from UK brokers for its flood resilience measures and initiatives.

Aon and the European Bank for Reconstruction and Development have structured a new facility designed to support the revitalisation of the war risk insurance market in Ukraine.

Guy Carpenter has announced a research project investigating how the reciprocal exchange insurance model could support community-based parametric covers for wildfire and hurricane risks in California and Florida.

Specialist Risk Group (SRG) has continued the build-out of its retail arm with the acquisition of insurance broker, R3.

Analysts at Wells Fargo and KBW raised EPS estimates and target share prices for Arthur J Gallagher following news of its $13.45bn move to acquire AssuredPartners, highlighting the relatively low price for the deal and the potential integration and revenue synergies from the combination.

Montreal-based private equity firm Novacap has partnered with Canadian property and casualty insurance brokerage services provider Consilium Insurance.