The Nasco Insurance Group, an international group that specialises in direct and reinsurance broking, has acquired the retail insurance broking company, Crescent Global Insurance Services (Crescent).
The sales of insurance policies directly by insurance companies still dominate the Saudi insurance market, as the percentage of policies sold through insurers was around 50.3% in 2023, compared to 46.1% through insurance brokers and 3.6% by insurance agencies.
MixCare Health, an emerging Hong Kong digital health and wellness platform company, has partnered with international health insurance broker and employee benefits specialist Pacific Prime to revolutionise the delivery of health and wellness benefits for Hong Kong employers.
Chedid Capital has announced the acquisition from the Husson Family of the remaining 20% stake in Groupe Ascoma, sub-Saharan Africa's leading independent brokerage network.
The Office of the Insurance Commission (OIC) has developed a database on insurance fraud or wrongdoing by agents and brokers.
Global insurance broking group Howden has launched a new cargo war risk facility to protect vessels from drone and missile strikes by Yemeni-based militia groups in the Red Sea.
In today's dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.
Miller has appointed Mr Alberto Ferriolo as cargo broker. In his new role, he will support Miller's clients and partners across APAC while working closely with Jamie Kearney, Miller's global head of cargo, and the team in London to offer regional clients service.
Two mainland Chinese-controlled technology-driven insurance intermediaries made the headlines in the past few weeks with the successful launch of their initial public offerings (IPOs) on Nasdaq.
Howden Tiger, the global reinsurance arm of Howden, will rename itself as Howden Re in April 2024.