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Top six US broker Truist to sell ~$2bn stake to PE house Stone Point at $14bn+ value
Insurance
Top six US broker Truist to sell ~$2bn stake to PE house Stone Point at $14bn+ value
The business, valued at $14.75bn, seeks to accelerate its growth and ‘remain competitive’.   16 February 2023
CFC introduces policy encryption for cyber insurance in ‘market first’
Insurance
CFC introduces policy encryption for cyber insurance in ‘market first’
The aim is to provide an additional layer of security against cyber threats.   16 February 2023
Rokstone taps ‘rising star’ from Nexus to establish and lead D&O line
Insurance
Rokstone taps ‘rising star’ from Nexus to establish and lead D&O line
Complex SME and mid-market D&O remains underserviced across the UK and EEA, it says.   16 February 2023
Insurance
Gallagher’s Pen lures Munich Re, Allianz talent to drive expansion
The MGA seeks to expand its broker network and diversify offering in the Midlands region.   15 February 2023
Insurance
Former RFIB/Guy Carpenter chief to plot growth strategy at Lloyd’s broker Ramon
The executive has 25 years’ experience in the London and International insurance markets.   15 February 2023
Insurance
Brit renews and expands flagship cyber consortium as demand rises
The consortium is projected to grow premium by up to 50% in 2023.   15 February 2023
Insurance
Indigo, Obsidian partner on new professional liability programme
The coverage will be available for primary and excess MPL on a monoline basis.   15 February 2023
Insurance
Industry veteran and former WTW CEO resurfaces at US PE firm
The 40-year industry vet led WTW through IPO and three mergers that helped triple its size.   15 February 2023
Insurance
Caribbean broker CRG launches London market operations
‘We do not see many Caribbean brokers owning operations in London’: CEO.   15 February 2023
Insurance
MS Amlin-RiverStone’s £1.2bn deal largest third-party reinsurance-to-close executed in Lloyd’s market
MS Amlin and RiverStone finalise a landmark £1.2 billion RITC and LPT legacy deal.   15 February 2023

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