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Tremor to “supercharge” reinsurance placement with Panorama launch

Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has launched a next-generation update to its trading platform software, as it looks to "supercharge" reinsurance placement with the Panorama release. Tremor is the only programmatic marketplace technology provider to gain real traction and place syndicated risk read the full article →

Willis Re divestment seen necessary for Aon – WTW merger to complete

The industry sees a high chance that in order for Aon's acquisition of rival Willis Towers Watson to go ahead, divestment will be required and a sale of reinsurance broking unit Willis Re is seen as a likely outcome. Our sister publication Reinsurance News polled its readers and 73% of the read the full article →

BGC renames re/insurance unit Corant Global

BGC Insurance (BGCI), the insurance and reinsurance broking, MGA and underwriting units of BGC Partners, has been rebranded as Corant Global. BGC is a brokerage, advisory and financial technology company, which has been aggregating insurance and reinsurance interests in recent years. Most relevant of these for our audience are reinsurance and specialty read the full article →

Gallagher names Behagg CEO reinsurance, Swallow to step down

Gallagher, the international insurance and reinsurance broking brand of Arthur J. Gallagher & Co., has appointed Simon Behagg to become Chief Executive Officer (CEO) of reinsurance, as Rupert Swallow gets set to depart. Behagg will become CEO of the Gallagher Re business from February 2021, taking over the role from current read the full article →

Ardonagh launches US/Bermuda reinsurance broking push with RFIB hires

Ardonagh Specialty, the holding company for specialist, reinsurance and wholesale broking brands of the Ardonagh Group, has launched a push into the United States with a new North America reinsurance broking team. Nick Foden-Pattinson, the former CEO of RFIB Americas, is leading the Ardonagh push into the U.S. reinsurance market, along read the full article →

If Aon / WTW leads to divestitures, AJG seen as “best fit” for Willis Re: KBW

With the merger of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW) coming under increased scrutiny from regulators, analysts at KBW suggest that should reinsurance arm Willis Re have to be divested, AJG would be seen as the "best fit" to acquire the WTW unit. The European Commission read the full article →

EC investigates Aon / WTW deal, cites competition “concerns”

The European Commission (EC) said yesterday that it has opened what it calls an "in-depth" investigation of the merger of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW), citing concerns over the potential impact to competition in some key markets. Specifically highlighted are concerns that Aon's proposed acquisition read the full article →

Tremor exceeds $1bn of limit, completes property cat renewal for W. R. Berkley

Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has now exceed $1 billion of limit placed, after it completed a renewal placement of W. R. Berkley's property catastrophe reinsurance tower. Tremor has now helped its clients place a significant amount of risk with sources of read the full article →

Reinsurance broker Beach rebranded to Acrisure Re

Having been acquired by retail insurance agency network Acrisure LLC in 2018, Beach & Associates, the specialist insurance and reinsurance broker, has now been rebranded as Acrisure Re and Acrisure London Wholesale. In this alignment with the brand of its parent Acrisure, Acrisure Re and Acrisure London Wholesale are being positioned read the full article →

Lockton Re integrates Tremor’s marketplace tech for reinsurance placement

Lockton Re, the reinsurance business of the privately held independent global broking giant, has integrated reinsurance marketplace functionality from Tremor Technologies as part of its client offering. Lockton Re has partnered with Tremor Technologies to deliver modern reinsurance trading capabilities to its clients. The functionality has been integrated into Lockton Re’s SAGETM read the full article →