United States of America (USA)
US consolidator DOXA snaps up MGA Eaton Gate in first UK deal
US distribution consolidator DOXA has made its first acquisition in the UK, with a deal for specialist commercial mid-market managing general agent Eaton Gate.
Commercial Express adds Fortegra as capacity provider as MGU plans step forward
Managing general agent Commercial Express has struck a capacity partnership with Fortegra, Insurance Age can reveal.
AIG names Hancock CEO of GI after Neal appointment called off
AIG has appointed Jon Hancock as CEO of general insurance, effective 1 December 2025.
Ex-Lloyd’s CEO John Neal no longer joining AIG
John Neal will no longer be joining AIG as president due to “personal circumstances”, the insurer has announced.
CyberCube estimates $38m to $581m insurance loss from AWS outage
CyberCube has reported a preliminary loss estimate for the Amazon Web Services outage ranging from $38m (£28.54m) to $581m.
CyberCube – AWS outage a ‘moderate’ incident for insurance market
CyberCube has called the Amazon Web Services outage a “moderate incident for cyber (re)insurers”.
Arc Legal and Collegiate part of AmTrust/Blackstone MGA spin-off
AmTrust has reached a definitive agreement under which funds managed by Blackstone Credit & Insurance will partner in the spin-off of seven of the specialty insurer’s MGA and fee businesses to form a new independent company.
Broker M&A specialists MarshBerry to be bought by Lincoln International
Global investment banking advisory firm Lincoln International has signed up to buy MarshBerry in a deal expected to close in the fourth quarter of this year.
Accelerant IPO beats expectations with $724m raise
Accelerant, a major player in the UK managing general agents market, has raised $723.7m (£533.9m) in an IPO in the US, with shares selling for $21, above the expected range of $18–$20.
Ex-Lloyd’s CEO John Neal heads to AIG, reversing Aon move
John Neal is set to join AIG as president effective 1 December 2025, having previously been destined for Aon.
Accelerant IPO could hit $578.9m
Accelerant has revealed the share price of its initial public offering is expected to range from $18 (£14.9) to $20 meaning the top end total could reach $578.9m.
CRC signs up to buy Atrium
US firm CRC Group has signed up to buy Lloyd’s insurer Atrium, in a deal expected to close in the third quarter of this year.
MGA backer Accelerant files for IPO in US
Risk exchange platform and capacity provider Accelerant, a major player in the UK managing general agents market, has revealed plans for an IPO in the US.
Applied’s UK Epic withdrawal a “sad day” for brokers
Applied Systems pulling its Epic offering from the UK underlines how competitive the market is but is sad news for brokers and staff, according to experts.
Brown & Brown announces major acquisition
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc, the holding company for Accession, the ninth largest privately held insurance brokerage in the United States, for $9.83bn (£7.3bn).
AssuredPartners deal still expected to close in second half of the year, says CEO Pat Gallagher
Gallagher is “playing it right down the middle of the fairway” with the US Department of Justice and still expects to close the deal for AssuredPartners in the second half of the year, according to CEO Pat Gallagher.
Acrisure valued at $32bn in $2.1bn funding raise
US broking giant and Top 100 UK broker Acrisure has secured a $2.1bn (£1.57bn) capital raise in a funding round led by Bain Capital.
Exiting Esure owner Bain Capital tipped to lead on $2bn Acrisure investment
A group led by private equity house Bain Capital is in discussions with US-headquartered Acrisure, owner of Eleven Network and a Top 100 UK Broker, to invest up to $2bn (£1.49bn), Bloomberg has reported.
Mitsui Sumitomo to buy 15% stake in W.R. Berkley
Japanese insurer Mitsui Sumitomo Insurance has signed up to buy 15% of the shares in New York Stock Exchange listed W.R. Berkley Corporation.
Meet the MGA: Aspect
Following its recent brand refresh Oli Williamson, co-founder and chief underwriter, explains how Aspect is seeking to expand its core mid-corporate market offering into new areas such as terrorism and cyber – with an eye very much on how it can leverage…
PIB CEO hails ‘milestone’ as it buys MGA
PIB Group has acquired specialist litigation insurance managing general agent Litica.