Tokio Marine to acquire MGA brand and staff from Marsh

Concept image of people merger

Tokio Marine HCC International has reached an agreement with Marsh Specialty UK to onboard certain employees of Lavaretus Underwriting.

The transition is expected to be completed shortly after quarter one 2024.

Since 2010, TMHCCI has served as the lead insurance provider to the managing general agent. The two teams are expected to be incorporated upon when the transaction is completed.  

We have been lead capacity provider to Lavaretus for a number of years, so we know its profitable book, discerning risk appetite, and its team very well.Simon Shrimpton, head of marine at TMHCCI

Lavaretus underwrites a range of niche and specialist

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

April leaders on moving into UK with Lexham buy

Moving into the UK with the purchase of Lexham is part of a plan to build Europe’s premier two-wheels specialist broker, rather than the start of a buying frenzy as a new consolidator, April Group leaders have confirmed.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: