insurance broker News
Marsh & McLennan Will Grab JLT for $5.7B; Deal Boosts Consulting Capacity
Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic ...
Aon Acquires Swiss Insurance Broker Unidelta AG
Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance ...
Berlin’s Simplesurance Has Sights Set on U.S. With Cross-Selling Insurance Software and More
Based on the edge of Berlin's trendy Mitte district in bright, open offices, Simplesurance is yet another InsurTech startup seeking to transform insurance. It is also eyeing the U.S. for future ...
Ron Lockton Is Lockton Inc.’s New President and CEO
Lockton Inc.'s president and CEO has resigned, and a scion of the broker's founding family has replaced him. Glenn Spencer left the privately held independent insurance broker for personal reasons, ...
Blockchain Insurance Broking Deal Arrives in Bitfury/Risk Cooperative Tie-Up
U.S. technology company The Bitfury Group said on Friday it had formed a strategic partnership with advisory firm Risk Cooperative to use the blockchain digital ledger in the $60 billion insurance ...
Aon to Expand Focus on Data, Analytics After Sale of Outsourcing Platform
Aon has completed the $4.3 billion cash sale of its benefits administration and HR business process outsourcing platform to Blackstone-affiliated private equity funds. The sale will generate up to ...
Broker Hub International Acquires Firm With Focus on Korean American Community
Hub International Ltd. said it has snatched up the assets of City Insurance Services and its related affiliates. The Chicago-based global insurance brokerage did not disclose financial terms, though ...
Blackstone Group to Pay Up to $4.8B for Aon’s Employee Benefits Outsourcing Arm
Insurance broker Aon Plc said on Friday it agreed to sell its employee benefits outsourcing business to private equity firm Blackstone Group LP for up to $4.8 billion. Blackstone will pay $4.3 ...